1. Expert Q&A: Protecting a person with dementia from financial abuse - Weds 26 June, 3:30-4:30 pm

    Financial abuse can have serious consequences for a person with dementia. Find out how to protect a person with dementia from financial abuse.

    Sam, our Knowledge Officer (Legal and Welfare Rights) is our expert on this topic. She will be here to answer your questions on Wednesday 26 June between 3:30 - 4:30 pm.

    You can either post questions >here< or email them to us at talkingpoint@alzheimers.org.uk and we'll answer as many as we can on the day.

Dad now LA Funded..I think Mum needs to change her Will - advise please?

Discussion in 'Legal and financial issues' started by referee50, Jun 1, 2015.

  1. referee50

    referee50 Registered User

    Apr 24, 2013
    24
    Hi there
    Having POA for both my Mum and Dad I am trying to keep on top of their affairs. Dad has Altz and is in a Care Home. His savings have now gone and the LA will be paying his fees from this month. It occured to me that as they have Joint Life First Death Wills, and share ownership of thier home, if Mum were to go before Dad, everything would go to him, and I assume subsequently he would become Self Funding again. Mum is paniking and I have made an appointment for us to see a Solicitor, but I have no idea what we should be aiming for to protect her assests...has anyone else been in this position, and advise would be very much appreciated.:eek:
     
  2. nitram

    nitram Registered User

    Apr 6, 2011
    18,303
    Male
    North Manchester
    Is the house owned as tenants in common?
     
  3. Saffie

    Saffie Registered User

    Mar 26, 2011
    22,489
    Female
    Near Southampton
    All I did was to change our joint ownership to Tenants-in-common.
    This can be done unilaterally by simply writing a letter terminating the joint ownership but to make it more watertight in view of possible LA problems in the future, I did it via a solicitor.

    I changed my Will at the same time, leaving all my assets to my daughters including my half of the house.

    I do think the ability to do this might change in the future though.
     
  4. referee50

    referee50 Registered User

    Apr 24, 2013
    24
    No, Joint owned
     
  5. nitram

    nitram Registered User

    Apr 6, 2011
    18,303
    Male
    North Manchester
    #5 nitram, Jun 1, 2015
    Last edited: Jun 1, 2015
  6. Saffie

    Saffie Registered User

    Mar 26, 2011
    22,489
    Female
    Near Southampton
    I asked for someone to witness my giving the letter to my husband and, as he eas in hospital at the time, a lady from PALS came.
    She asked if I'd like her to sign the letter as a witness and of course I agreed.
     

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