Assets/care home fees and inheritance

  • Drivingforfun's Avatar
    I should know this but just wondering if anyone has any experience

    Say hypothetically I had to go into a care home, and was forced to sell my home to pay for it

    I'm aware you can't just give away your assets - it's treated as intentional deprivation of assets

    What if I did that anyway though, and literally had nothing left to pay for the care home fees

    Assume also that my children were (under my instructions) not engaging or cooperating when approached for a financial contribution or release of the assets

    Would they let someone with dementia just fester, or would they intervene?

    Is there some way of the authorities seizing the gifted assets from my children to pay for my fees?

    Thanks in advance
  • 1 Reply

  • Rolebama's Avatar
    There are numerous catches and clauses around your question. My personal reaction would be to point out that I have already paid for my care through fifty years of NI contributions.
    One thing which worked a while ago was to convert all assets to cash, go to Las Vegas and 'lose the lot in a casino'. CCTV footage can be obtained from the casinos to prove you were there.