1. Expert Q&A: Benefits - Weds 23 October, 3-4pm

    Our next expert Q&A will be on the topic of benefits. It will be hosted by Lauren from our Knowledge Services team. She'll be answering your questions on Wednesday 23 October between 3-4pm.

    You can either post your question >here< or email them to us at talkingpoint@alzheimers.org.uk and we'll be happy to ask them on your behalf.

  1. Sophietucker

    Sophietucker Registered User

    May 16, 2015
    2
    I am a new member and found the forum by searching - hoping to find someone to help me. My mum has been in a care home for several years. She had had an operation about a year previously on her spine as she was becoming unable to walk. A few years ago she became totally unable to walk or load bear and is confined to a special chair. In the past few years she has also developed dementia and is doubly incontinent. At no time has she ever been assessed for continuing health care. The only assessment has been financial. I have only just found out about CHC and believe my mum should have qualified years ago. She has just had her first CHC assessment and scored 3As 2Bs 6Cs. I am still awaiting the second assessment date. Her disabilities and health have been chronic but stable for several years, so clearly she could have qualified for CHC many years ago. I now hear that a claim can't be backdated. I sold her home to pay for care home fees in 2008, was advised to invest the proceeds in a bond (with life policy) - and now find that this should have been disregarded in the means test. What should I do next?
     
  2. Tin

    Tin Registered User

    May 18, 2014
    4,826
    UK
    Sounds really complicated. All I can suggest is that you make an appointment with your local Citizens Advice Bureau.
     
  3. nitram

    nitram Registered User

    Apr 6, 2011
    19,034
    Male
    North Manchester
    #3 nitram, May 16, 2015
    Last edited: May 16, 2015
    " I sold her home to pay for care home fees in 2008, was advised to invest the proceeds in a bond (with life policy) - and now find that this should have been disregarded in the means test."

    Whilst it is true that the bond should not be included in the means test there is a potential problem with the timing of the purchase of the bond.

    From what you say at the time you invested in the bond it was likely that she would need residential care in the near future.

    There is every chance that the LA would regard this purchase as deliberate deprivation of capital and add the cost of the bond as notional capital to the actual capital in their assessment.

    Was the advice you received from professional adviser?
     
  4. jenniferpa

    jenniferpa Volunteer Moderator

    Jun 27, 2006
    39,439
    I think nitram's got a point there: while bonds with life policies would normally be disregarded, if you sold the property and then purchased such a bond with the proceeds when it appears she was already in a care home, then such a disregard wouldn't apply because this would be seen as deprivation (deliberately removing such an asset from the assets pool). CRAG directly addresses this

     
  5. Sophietucker

    Sophietucker Registered User

    May 16, 2015
    2
    Yes it was from the nfha, a financial adviser from the HSBC bank who was qualified to give advice on investing money for the elderly. They advised it was the best way to invest the funds to provide care home funding. They never mentioned asset deprivation so I took their advice. We later received compensation for misselling.
     

Share This Page

  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.
  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.