"U" Turn

[gfwgfw]

Greetings from rural Darzet

At the recent election hustings

Mr Cameron convincingly said that us elderly ole farts would not be obliged to sell the homestead to fiance paying for possible nursing care

He has now back peddled until 2020, which is conveniently the year of his abdication

Despicable

Graham

[Stephen]

Did we actually expect a politician to keep his word Graham.

They're all the same. You just go along with the one which tells the best convincing story.......then don't hold your breath.

[emjay45]

That's a shame. Sadly I think Stephen is right.

[ITWA Travel Writer]

Cameron! Cameron! he's just a reincarnation of Maggie in short trousers, but at least Maggie had B...'s unlike this one who is controlled by the "Wallpaper Man" at No.11

"We're all Doomed I tell you We're all Doomed"

God bless Mrs Krankie

[Mervyn and Trish]

Talking of U turns didn't Shrek say the referendum was a once in a generation, nay once in a lifetime opportunity? But now he lost he's already talking about another one. Of course under the SNP management of the NHS in Scotland a lifetime may be less than we think!

[gfwgfw]

[quote="ITWA Travel Writer"]Cameron! Cameron! he's just a reincarnation of Maggie in short trousers, but at least Maggie had B...'s unlike this one who is controlled by the "Wallpaper Man" at No.11

"We're all Doomed I tell you We're all Doomed"

God bless Mrs Krankie [/quo


By Heck

Life is great down yer in rural Darzet

Luboo just a little

The Giant of Cerne Abbas

[towny44]

Talking of U turns didn't Shrek say the referendum was a once in a generation, nay once in a lifetime opportunity? But now he lost he's already talking about another one. Of course under the SNP management of the NHS in Scotland a lifetime may be less than we think!

I believe it is now SNP policy that because Scotland did not vote for DC and his gang, then Scotland should not be faced with austerity, clearly they don't understand how democracy works.
Of course the two SNP kippers could increase the tax on the rich to ease the austerity of the poor; could it be they would prefer that Georgie boy took the stick for higher taxes rather than hanky panky Krankie.

[Mervyn and Trish]

Good point Towny. Though when Krankie and Shrek are talking about democracy they fail to mention thst 50% of the Scots who voted didn't vote SNP.

[ITWA Travel Writer]

I'll let you into a little secret Merv, I was one of the 50%. If you had ever met our MP for Moray, one Angus Robertson the leader of the group in yon big hoose, you would understand why!!

As far as I am concerned, the "Tories", "Labour", "SNP" and "Liberals" are all resurections of Walpole's Whigs and it's folk like wee Tommy Sheridan who sits somewhere to the left of Marx is what we need right now!!

[towny44]

I'll let you into a little secret Merv, I was one of the 50%. If you had ever met our MP for Moray, one Angus Robertson the leader of the group in yon big hoose, you would understand why!!

As far as I am concerned, the "Tories", "Labour", "SNP" and "Liberals" are all resurections of Walpole's Whigs and it's folk like wee Tommy Sheridan who sits somewhere to the left of Marx is what we need right now!!

I do hope your desire for a marxist state is said with tongue in cheek, otherwise I will have to drastically revise my opinion of you and your posts.

[Dark Knight]

they also promised to raise the income tax threshold on paying 40% tax to £50,000 and what did they do , raised it to £43,00
wow thanks Mr Chancellor, that paid for a coffee and a sandwich

we get the governmemt we deserve

[Silver_Shiney]

I'll let you into a little secret Merv, I was one of the 50%. If you had ever met our MP for Moray, one Angus Robertson the leader of the group in yon big hoose, you would understand why!!

As far as I am concerned, the "Tories", "Labour", "SNP" and "Liberals" are all resurections of Walpole's Whigs and it's folk like wee Tommy Sheridan who sits somewhere to the left of Marx is what we need right now!!

I do hope your desire for a marxist state is said with tongue in cheek, otherwise I will have to drastically revise my opinion of you and your posts.

me too

[towny44]

they also promised to raise the income tax threshold on paying 40% tax to £50,000 and what did they do , raised it to £43,00
wow thanks Mr Chancellor, that paid for a coffee and a sandwich

we get the governmemt we deserve

Get the facts right batty, the £50,000 promise was by the end of the parliament in 2010, Oooops sorry I forget you have no time for correct facts.

[Dark Knight]

It was in their manifesto Towny

get you smart a*se comments right ???

[Silver_Shiney]

It is, indeed, in their manifesto - to increase the threshold by the end of this government. Sorry, mate, but Towny's right. It's on Page 9. Admittedly, a later page does give the impression that it will be "now".

[towny44]

It is, indeed, in their manifesto - to increase the threshold by the end of this government. Sorry, mate, but Towny's right. It's on Page 9. Admittedly, a later page does give the impression that it will be "now".

[Dark Knight]

is the end of government 2010 ? funny I thought it was 2015 already ?

Apologies Towny, I was under the impression it meant now

[barney]

My work is loosely related to the death industry and care home fees are a constant source of topic.

Should a person sell their home (or any other asset) to finance their care if needed?

Well, probably yes, in my opinion.
One thing that money gives you is choice.
If all elderly care was state funded, you would be put wherever the authorities dictated.
By self financing, you get the choice.

The debate is really about at what level of wealth should you pay.
If a person had a house in Chelsea worth £3 million quid and £250k in cash, would you expect them to pay for their care or would you be happy with the taxpayer picking up the bill.
I think that most reasonable people would say yes, they should pay.

So, ratchet it down a notch.
You have a bog standard three bed semi worth £250k
Should you then pay for care or should the taxpayer pick up the bill?

You get my point ?

Many of the baby boomer generation have had it good.
It seems a bit unfair to expect the next generation to finance their care when sitting on assets of hundreds of thousands.

My own mother is in care at the moment and it's costing £800 a week.
She is self financing until she gets down to £23k or death. Whichever comes sooner.
The home that she is in is wonderful and she is getting excellent care, so we are all happy.
Should not have had her own home, the alternative would not have been so good.

It's a bit sad to see our 'rightful inheritance' dwindling away but we wouldn't have it any other way.
The most important thing is Mum is happy and only having money can guarantee that.

[Dark Knight]

It is one of the draw backs of a population which lives longer, due in part to all the improvements in healthcare and food. My only question would be how far should any government go in financing the whole country ?
Roads
NHS
Police
Fire service
etc etc
you have to draw the line somewhere and means testing any benefit is the right way to go PROVIDED the thresholds are set correctly,
one other problem, Barney, is that more and more houses are worth over a million , so how do you factor that in, people may be asset rich but cash poor and a I suspect selling the "rightful inheritance" may be the only option left

[barney]

We've both set up Property Protection Trusts in our Wills but I fear that in the future, Local Authorities may view this as 'deprivation of assets' and get a court ruling on it.
Who knows?
You can only do what you think right at the time.
The Trust should protect half the value of our modest abode, but the survivors half is still vunerable.

[The Tinker]

I find it strange in this day and age that people still expect to 'inherit' from their relatives. My opinion is you make your own bed and lie in it. Yes the generation before us did have it good to a certain degree but they still worked hard for their future provisions and to me, their property should fund any care home fees if the need arises.

[Mervyn and Trish]

As far as I am concerned, the "Tories", "Labour", "SNP" and "Liberals" are all resurections of Walpole's Whigs and it's folk like wee Tommy Sheridan who sits somewhere to the left of Marx is what we need right now!!

I do hope your desire for a marxist state is said with tongue in cheek, otherwise I will have to drastically revise my opinion of you and your posts.

me too

I assumed he was talking about Groucho Marx.

[gfwgfw]

My work is loosely related to the death industry and care home fees are a constant source of topic.

Should a person sell their home (or any other asset) to finance their care if needed?

Well, probably yes, in my opinion.
One thing that money gives you is choice.
If all elderly care was state funded, you would be put wherever the authorities dictated.
By self financing, you get the choice.

The debate is really about at what level of wealth should you pay.
If a person had a house in Chelsea worth £3 million quid and £250k in cash, would you expect them to pay for their care or would you be happy with the taxpayer picking up the bill.
I think that most reasonable people would say yes, they should pay.

So, ratchet it down a notch.
You have a bog standard three bed semi worth £250k
Should you then pay for care or should the taxpayer pick up the bill?

You get my point ?

Many of the baby boomer generation have had it good.
It seems a bit unfair to expect the next generation to finance their care when sitting on assets of hundreds of thousands.

My own mother is in care at the moment and it's costing £800 a week.
She is self financing until she gets down to £23k or death. Whichever comes sooner.
The home that she is in is wonderful and she is getting excellent care, so we are all happy.
Should not have had her own home, the alternative would not have been so good.

It's a bit sad to see our 'rightful inheritance' dwindling away but we wouldn't have it any other way.
The most important thing is Mum is happy and only having money can guarantee that.

Spot on my good friend

But with a big but

Here in Poole Bay there has been a bundle of so called care homes exploiting the situation to rid us ole farts of being oh so careful of saving out farthings of yesterday for tomorrow

Lubooo all

Graham

[ITWA Travel Writer]

John, Alan and Merv, do you really think that I would air my politics freely and openly on a forum.

However, I must say that all this guff that Herr Cameron and the Wallpaper man spouts about increasing the basic tax allowance was not theirs in the first place. It was the Liberal Democrat Policy in the last parliament and only by their pressure was it introduce. Now low and behold it appears as tory policy.

[Mervyn and Trish]

John, Alan and Merv, do you really think that I would air my politics freely and openly on a forum.

Quite right too. Nor me. Apart from not liking Krankie and Shrek of course, but then that's more a fish allergy than politics!