Mum gives me her house, how to deal with care costs later on

[Patrick1964]

My mum is moving house and wants to "give" her new place to my brother and I so that if things deteriorate and she has to go into care later in life we won't lose out inheritance (it's a bungalow in Lincolnshire, not a manor hose in Surrey, so no inheritance tax). Let's say she gives bro and I the house, and in 15 years gets Alzheimer's and needs to go into sheltered housing or a care home. What steps can a council take to make bro and I pay for her care ? Does she need to pay us a peppercorn rent to make sure we are secure to keep or sell the house for ourselves ?

Apologies if this sounds selfish, but my dad worked hard all his life to buy the family home and I'm not in a frame of mind to kiss that goodbye.

Thanks in advance.

[Patrick1964]

mikees said:

Nothing in 15 years as the law stands. Limit is 7. Even then sell it and pay for care. Not end of world. Just don't move in !

Sorry, but your abbreviated post leaves me uncertain - are you saying that if the house is in my brother and i's name for seven years then no council will have any claim on it ?

[Patrick1964]

stuartmmcfc said:

Sorry but it does sound selfish. Are you saying that you don't want to have to spend money that your parents have earnt and ineffect given you free to ensure that you and your brother can keep it and your Mother would receive the most basic support that the state is prepared to give?
The system may be wrong but it is what it is.

I would like to be able to make the decision myself as to how much is contributed, rather than have a council try to make up it's deficit with our house, yes. If you think that is selfish, then you are welcome to that opinion, but sadly my own circumstances may mean I am in more need than you.

[Patrick1964]

stuartmmcfc said:

Sorry I do think it's selfish and believe me, if you've read some of my posts over the years, you'd know that my own situation is pretty grim

Then I guess we will have to agree to differ, and given that you haven't contributed to the thread to answer a question, but only to criticise, I hope you will understand if I ignore your opinion.

[Patrick1964]

Jockman said:

Stuart, would be great if you could use that experience to help out. Maybe from a different angle:

I don't think that's likely, although that was the point of the thread.

[Patrick1964]

Sarnie said:

In the house?

This. For as long as possible.