CARE HOME FEES WHEN YOU ONLY HAVE £23,500 LEFT OF CAPITAL

ChrissieM

Registered User
Jan 9, 2021
34
0
I`m asking this question in advance. When there is only £23,500 of Mum`s capital left (house sold, savings gone) and hopefully the State then step in to cover the costs of care; who then pays the costs of Mum`s personal costs in the care home eg chiropodist; hair dressers etc. Will my brother and I pay it out of the exempt amount of £23,500 and when that`s gone would we pay these costs from our own personal income?
 

richwig

New member
Jul 23, 2021
1
0
From my experience you will retain £24.90 of your mums weekly pension and this is to be used for the things you mentioned. Any extra costs like taxis for appointments will also have to be paid for by yourselves.
 

ChrissieM

Registered User
Jan 9, 2021
34
0
From my experience you will retain £24.90 of your mums weekly pension and this is to be used for the things you mentioned. Any extra costs like taxis for appointments will also have to be paid for by yourselves.
Thanks - that`s reasurring
 

Moggymad

Registered User
May 12, 2017
611
0
Yes that's correct. However we also had to dip in to the capitol at times to cover other expenses like clothes, slippers & wheelchair taxis to get to podiatry appointments. The hairdresser was a staff member who trimmed hair at low cost. Also at first we were having to provide pull-ups which worked out far more expensive that the personal allowance. The home eventually got pads supplied by continence service but we still provided pull-ups for times when we needed to take her out.
It wasn't queried each year when the finances were reassessed but I kept the receipts just in case.
 

jaymor

Volunteer Moderator
Jul 14, 2006
14,172
0
England
@ChrissieM When the £23,500 is reached only a portion of the fees will be paid by the LA until the assets reach the lower level of £14,000. Then your Mum‘s pension(s) will be taken leaving approx £25.00 to cover personal needs. If receiving Attendance Allowance, that will stop too.
 

ChrissieM

Registered User
Jan 9, 2021
34
0
Thanks all for the info. I think there should (hopefully) be enough money left to cover Mum`s funeral expenses when the time comes. I take comfort from the fact she is in a good care home and if the state was funding her care, goodness knows where she could have ended up
 

northumbrian_k

Registered User
Mar 2, 2017
1,468
0
Newcastle
Hi @ChrissieM

My wife's assets fell below the £23,250 threshold at the end of December 2020. Before that she was self-funding her residential care. The LA financial assessment looked at her income - state pension and occupational pension - and savings. Her contribution was calculated on that basis but half of her occupational pension (deemed to have been donated to me) was disregarded as was the statutory weekly personal allowance of £24.90 and savings credit of £5.75. Attendance Allowance ceased to be payable after 4 weeks.

The net result was a large reduction in her weekly contribution, with something left over to cover personal and other incidental expenses.
 

ChrissieM

Registered User
Jan 9, 2021
34
0
Hi @ChrissieM

My wife's assets fell below the £23,250 threshold at the end of December 2020. Before that she was self-funding her residential care. The LA financial assessment looked at her income - state pension and occupational pension - and savings. Her contribution was calculated on that basis but half of her occupational pension (deemed to have been donated to me) was disregarded as was the statutory weekly personal allowance of £24.90 and savings credit of £5.75. Attendance Allowance ceased to be payable after 4 weeks.

The net result was a large reduction in her weekly contribution, with something left over to cover personal and other incidental expenses.
Many thanks for the information - very useful
 

SueBo

New member
Apr 6, 2020
1
0
This is another question I'm afraid. How are joint accounts considered when paying for care home fees please?
 

thistlejak

Registered User
Jun 6, 2020
95
0
Joint accounts are deemed 50:50 split. When you are getting to the stage of financial assessments and care home fees it is worth splitting money into individual accounts. Make life much easier going forwards.
 

imthedaughter

Registered User
Apr 3, 2019
660
0
I buy dad stuff which isn't really a good birthday or christmas present out of what is left of his savings - I send his personal allowance of £24.90 to the home for his pads (currently being assessed), hairdressers and whatever else he may need to buy. I took financial advice and bought him a pre-paid funeral in line with his wishes pre-dementia. I send him bits to amuse him and clothes for gifts etc and he hasn't run out of cash so far.