Hi Everybody,
Haven't posted for some time as things have been fairly stable for the last couple of years and the decline in my wife's condition has been slow. Chased CHC to the bitter end plus 2 appeals (both failed) so have now given up.
Cutting to the chase, we both made wills leaving our property and funds to each other but last year I made a new will where I changed the beneficiaries to other members of the family. Couldn't ask my wife to change her will as she cannot communicate (or write)at all.
However have been increasingly worried by a thought that has occurred to me. My wife although in the latter stages of dementia is in perfectly good physical health with many years left to live. In the event that I predecease her and with our property owned as tenants in common, presumably she will inherit the property. This will put her over the minimum threshold of held funds again and the government/county will take all.
Is this a realistic scenario? Any thing I can do to avoid the situation.
Merlin
Haven't posted for some time as things have been fairly stable for the last couple of years and the decline in my wife's condition has been slow. Chased CHC to the bitter end plus 2 appeals (both failed) so have now given up.
Cutting to the chase, we both made wills leaving our property and funds to each other but last year I made a new will where I changed the beneficiaries to other members of the family. Couldn't ask my wife to change her will as she cannot communicate (or write)at all.
However have been increasingly worried by a thought that has occurred to me. My wife although in the latter stages of dementia is in perfectly good physical health with many years left to live. In the event that I predecease her and with our property owned as tenants in common, presumably she will inherit the property. This will put her over the minimum threshold of held funds again and the government/county will take all.
Is this a realistic scenario? Any thing I can do to avoid the situation.
Merlin