General Election - 8th June

[Mervyn and Trish]

Which is why it's good news for us. We won't be paying for it whatever kind of care it is after the first £20k

They ( the Council ) also take into account your State plus Company pension(s) which after deduction of reasonable household expenses ' could ' result in you having to make a contribution ... thanks, in advance

ps ... unless you depart this world together one of you will be paying £120,000, not £20,000 .... just saying.

Not the way our wills are written we won't

[Stephen]

And I bet it's all off shore

[Cunard Princess]

Does this apply now? I thought it had all changed?

[Jack Staff]

If anyone is undecided how to vote, try this (actually try it anyway!)

http://www.whyvoteconservative.co.uk/

It will surprise few that I got...
"you're soft hearted leftie scum! Vote for anyone other than the tories."

[screwy]

typical stupid little quiz set up by stupid little ignorant lefties .

Well for your information Jack, i would rather support someone who supports Fox Hunting because YES they are Vermin, not cute little cuddly things, ask any Farmer or Livestock owner.. Than that piece of filth who supports Terrorists and calls them his Friends, the same one who only has a front bench, not one who is capable of running a department, because all the other Labour MP's cant stand him and arnt licking his a*se.

[Mervyn and Trish]

The idea clearly is to firstly sever the tenancy in how you own your property.
90% are in what's called beneficial joint tenants. That implies that you both own 100% share of the value, jointly.
Change that to tenants in common so you each own an equal share.
So, in theory, only your assets can pay for your care.
Example - house worth £200k - each tenant in common owns £100K share - nothing to pay.

You can also bequeath your share 50% to your children, to be held in trust until the second death.
Example, both do mirror Wills each leaving their share to their son, with right of occupation to the survivor, for life.
Should assets need to take into account for care, the person only legally owns half of their house with the other half owned by the Trust, so only that can be counted.

See you local Will Writer but make sure that they are members of the Institute of Professional Willwriters.

There, advert over and no more free legal advice.

Didn't see your response before I posted mine but yes that's exactly what we've done.

But at the end of the day I came into the world with nothing. If I leave £100k when I go that's a result.

I'm much more worried at the moment that if I or Trish need home care we'll struggle to get it because there's not enough to go round. I'd much rather get the care we need, keep our house for our lifetime and pay for it when we're gone, still leaving our daughter with more money than she's ever had in her life.

[Jack Staff]

"[Theresa May] either needs to tell us much more about how the privatised social care scheme will operate, to reassure people that they are not going to be fleeced when they are least able to defend themselves.

Or she has to find the least humiliating way to say that there's been a terrible misunderstanding, and that the idea of turning the equity in our houses into nursing care was just an option, not a definite plan.

If she sticks to her current position, the current erosion of her lead in the opinion polls may become a haemorrhage."
Robert Peston

[david63]

For some, and I accept that it will not necessarily apply to all, they (or at least their heirs) will be better off.

My mother has recently moved into a care home and has sold her house - not because she needs the money to pay the home cost bills but because she will never be going back there.

Under the "old" scheme she would have to continue paying until she was down to her last £23k now it will be her last £100k - by reckoning that is £77k better off.

[oldbluefox]

My mother is in a care home and has now spent her life savings to pay for it.
Apparently when we (currently) get down to £23,500 Social Services will pay into her care although any shortfall between what Social Services will pay and the actual cost of her care will have to be made up by 'third party contributions' so I could find myself paying out of my savings for her care.
Having sold the family home this is now paying for her care so the £100,000 ceiling will be a welcome relief.

[Jack Staff]

Even the Express is losing faith....
http://www.express.co.uk/news/politics/ ... ion-tories

[Manoverboard]

The method of moving assets to one's ' descendants ' whilst leaving the sole survivor in said property for his or her lifetime is an established approach ... but beware / be aware ... in our case the Council's legal Department instructed us that although my Mother did not own the property she was living in it and preventing its sale. Further, that the investment proceeds of the sale of the property would have accrued interest. We were, they advised, bound to pay that ' notional ' amount towards the cost of her care home - ish.

I dare say that the rules have changed but logically only to tighten the loopholes rather than loosening them ?

[barney]

There is such a thing as deliberate deprivation of assets Moby.
This is usually only invoked when/if someone is already 'in the system' where it can reasonably be argued that the decision to dispose of assets was to avoid payment/contribution.

If you deal with it early enough and plan properly, there should be no problem.

That's today of course, who knows what tomorrow brings

[oldbluefox]

All of this advice. I dread to think what Smurfmeister's bill is going to be!!!

[david63]

All of this advice. I dread to think what Smurfmeister's bill is going to be!!!

Nothing to do with me - this is all down to a third party, so I will wash my hands and have nothing to do with it (now where have I heard that before)!!!

[qbman1]

What a load of cobblers! Letter from Tiny Tim to one of our local Lib-Dem councillors...

DArh9eKW0AEtYGN.jpg

[Mervyn and Trish]

Oh dear. I can see why he might want cannabis legalised!

[screwy]

Is that thebest he can come up with...Bla bla bla.

[wolfie]

here should deffo be a ' cap ' relating to medical type charges

If you need continuing medical nursing care then that is fully funded anyway - unless they move the goalposts.

Continuing care is NOT applicable to ALL conditions, regardless of the need. Cancer-yes. Dementia-no! The latter is when home care is most needed, for the continuing care of that person in familiar surroundings, unless, of course, you want to shift them off to a care home!!! and even then continuing health care may not be provided, not in our area at least. Dementia is not consider, until the very end, needful of nursing care which is the criteria of being eligible for continuing health care.

Sad but true.

[screwy]

Beginning to think that The Tories have screwed up big time, popular vote appears to be going Labours way.....just saing...

[david63]

Beginning to think that The Tories have screwed up big time, popular vote appears to be going Labours way.....just saing...

Same as the last election then? .... just saying!

[Mervyn and Trish]

Certainly true that the polls are swinging, as the Pound is falling. The markets clearly understand the true impact Corbyn's bribes would have on the economy.

[screwy]

Dont get me wrong, i am totally against a Labour win, just think that the gullible are falling for his spin and if the tories dont get their act together then its not going to nice, Yes Merv, the City is getting very worried too.

[qbman1]

I suspect the Tories will wheel out the big guns in the last week to have most impact. They have hardly made anything of the Brexit negotiations yet so I think their pitch that they are in the best position to negotiate with the world will be the focus of their late campaigning

[Mervyn and Trish]

Are you their campaign manager? Sounds like a plan.

[qbman1]

Theresa did grow up in Enstone, just 10 miles or so away - her daddy was the vicar there. My brother in law went to school with her so I'll get him to have a word!

I see the Tories are planning their focus on Brexit this week. Won't say "I told you so" but........