Reading all the posts about safeguarding your half of the home once ones OH goes into care, I have a further question. It was mentioned about the patients savings not being over £14.000 and then a sliding scale. Can someone tell me what happens if the spouse has savings of their own separately? Does that get added on to the patients? Or is that money safe? Would be grateful if someone can tell me. Thanks
That money is cast iron guaranteed safe! As I've mentioned before, when I was visited by the Finance Administrator, from the Council, who asked, casually, about my savings and income, and called me "love", I said:
Actually, Eric, you don't need to know any of my information, do you, Eric, because it's my husband who's going into Residential Care, Eric, and not me. Eric.
He waffled away about only asking, in case I qualified for Pension Credit, but I'd been forewarned.
. If the potential Care Home Resident has over approx £23,5000, then they're self funding, between about £14,000 and £23,500 there's a sliding scale, and below £14,000 there's nothing to pay - but if they're not self funding, they lose their SRP and half of their private pension.