Assets, expenses & how to calculate conpensation
Discussion
Hi All.
A member of my extended family found themselves as primary carer for their mother. While caring for the mother they spent a fair amount of their own money on improving her home, replacing cooker, washing machine etc.
Now the mother is dead the siblings are looking at compensating the family member prior to the estate being divided.
Taking an example of £250 being spent by the carer on a washing machine. Should they be recompensed for the full value considering that it now becomes part of the estate and they are also due 1/3rd of the estate after care costs have been sorted out.
Is there a standard way of dealing with this? Any thoughts/links/references gratefully received.
A member of my extended family found themselves as primary carer for their mother. While caring for the mother they spent a fair amount of their own money on improving her home, replacing cooker, washing machine etc.
Now the mother is dead the siblings are looking at compensating the family member prior to the estate being divided.
Taking an example of £250 being spent by the carer on a washing machine. Should they be recompensed for the full value considering that it now becomes part of the estate and they are also due 1/3rd of the estate after care costs have been sorted out.
Is there a standard way of dealing with this? Any thoughts/links/references gratefully received.
alfie2244 said:
As they were good enough to act as primary carer, perhaps ask how she / he would like it dealt with....just a suggestion.
That was my suggestion. The other siblings are trying to make life difficult for her. I am trying to offer an impartial view to see if an agreement can be made without resorting to arbitration. Gassing Station | Finance | Top of Page | What's New | My Stuff