Financial assessment every year.

[Thomashall33]

My grandad had a finance assessment back in November because of going into full time residential care, here he was deemed not to have capacity. Had to send bank statements and pension information (grandad was in a council
House with under the threshold of savings) when going through this assessment and the council then wrote to us with his monthly bill.

When clearing grandads house we found a very large amount of cash stuff under the bed (lots of old £20’s, £10’s and £5’s) so it’s been there years. With the money in his bank this will take him over the savings threshold.

My question is, if I put the cash in grandads bank account, next year when they do the finance assessment again (yearly from what I understand) will they need bank statements again? Or does it go of previous finance assessments?

 

[UncleRobert]

Hard to actually write down what I think you should do!!! If you know what I mean........

 

[Thomashall33]

Hard to actually write down what I think you should do!!! If you know what I mean........

I 100% want to but I’m worried social will see it somehow if I keep it in grandads bank and I’ll get in trouble.

 

[UncleRobert]

Don't get into trouble is my advice.

 

[Banjomansmate]

I heard of someone who put found cash into an account in the Attorney’s name and used it for extras for the PWD.

 

[Scarlet Lady]

Before you decide what to do @Thomashall33 , perhaps you need to check with a bank as to whether it’s still possible to convert this ‘0ld money’ into legal tender. If it’s not, there may be no decision to make.