Money / Legal advice please

A few posters saying the State should pay. But if we want Universal Health Care provided by the State throughout our lives, including Care Home costs in old age then the consequence of that is much much higher taxes. Nano's suggested big increase in Inheritance Tax is one option. The reality is no party gets elected by saying were going to massively increase tax and so it doesn't happen. The current arrangement is a bodge job but nobody can fix it.
 
Subbuteo_171 said:
IHT is an issue when the Duke of Westminster doesn‘t pay a single penny on a £9bn estate as its in trusts, thats what needs abolishing rather than penalising Terry and June who’ve worked hard to buy their own house.

£5bn collected across the U.K. in the year the last one died, should have been an extra £3.6bn.

I‘d go the other way and scrap it completely.
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Biggest driver of inequality, both class and regional. Compare two people that live in the same size house in London and Teesside and have very different salaries but the same disposable income after housing costs. It seems even but the Londoner can leave £1m house to their kids and the Teessider leaves £150k. How is that fair?
 
stjohn said:
Once your mothers savings have been swallowed up the council will take over payments until you can sell her property. You will then have to pay back every penny until around 23 grand is left and then they will take it over again. I know because I am currently going through this with my mother and trust me mate, it's painful and so bloody annoying. You have my sympathy mate, take care.
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Redcar and Cleveland run a deferment scheme where the relatives property is not sold till they die. The relative in care still pays eventually, but the family can keep possession of the house until death. It can be rented out to help pay the care costs and reduce the care cost debts being run up.
 
Redwurzel said:
Redcar and Cleveland run a deferment scheme where the relatives property is not sold till they die. The relative in care still pays eventually, but the family can keep possession of the house until death. It can be rented out to help pay the care costs and reduce the care cost debts being run up.
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interesting, not heard of that before
 
Paying for care is a very difficult situation.

Some families a relative effectively gives up their normal live to care for say an elderly parent. They get a modest carer's allowance from the government (about £75/week) and that has been reduced in real terms in recent years. When the media go on about shrinking working population and labour shortages they rarely if ever mention this.

As said if the Government paid the full cost of everyone's care in late life income tax would have to rise a lot (say 5p in the pound). Would it be fair that someone say with a house worth £2m does not contribute to their care costs but expects someone on Living wage to pay part of their care costs, that LW person may never be able to afford to buy a house themselves.

The new proposal sounds a fairer system that what we have at present, in fact I would say it will help wealthy familiies who have a lot of property assets.
 
afcb_acklam said:
interesting, not heard of that before
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Different councils may operate it or not, It may not be an entitlement. The council take a legal charge on the property and it costs £880 to set up. The property needs an independent valuation too.

Check with your relevent social services finance department.
 
Redwurzel said:
Different councils may operate it or not, It may not be an entitlement. The council take a legal charge on the property and it costs £880 to set up. The property needs an independent valuation too.

Check with your relevent social services finance department.
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just checked, dorset is the same
 
Nano said:
Biggest driver of inequality, both class and regional. Compare two people that live in the same size house in London and Teesside and have very different salaries but the same disposable income after housing costs. It seems even but the Londoner can leave £1m house to their kids and the Teessider leaves £150k. How is that fair?
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Forget individual home owners if you started with land owned by the monanch and the church of England it's absolutely obscene there's enough land wealth between those two to wipe out child poverty. Why start with lowly individuals when the system is bent to protect the wealth of the establishment
 
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