Help with Financial Assessment?

Discussion in 'Legal and financial issues' started by fanster2014, Jan 7, 2015.

  1. fanster2014

    fanster2014 Registered User

    Aug 25, 2014
    5
    Dear all,
    My MIL has vascular dementia and we are *finally* about to get the council in for the care assessment etc. I am worried that my FIL (with his own quirks and temperament) will be unable to deal with the financial assessment and want to be there to help him with it. Does anyone know what type of documents and things I should prepare or get him to get out ahead of the meeting?
    Many thanks in advance for any help!
     
  2. jaymor

    jaymor Volunteer Moderator

    Jul 14, 2006
    12,237
    Female
    England
    It will only be MIL finances they will be interested. so sole bank accounts in MIL name plus joint accounts as half of the joint account will be included in the assessment. Nothing that is in your FIL name will be needed.

    The assessor will ask the questions and it really is not that bad. They just need to know funds available and if there is any spare money that can be used towards any care that is required. The lady who did my husband's was very kind, helpful and in no way intimidating.
     
  3. fanster2014

    fanster2014 Registered User

    Aug 25, 2014
    5
    thanks Jaymor. thats what I thought, but apparently they told FIL on phone that both their finances would be assessed? could this differ between councils?
    so we need to get bank account statements, pension payment slips etc out ahead of the meeting?
    thanks again!
     
  4. marionq

    marionq Registered User

    Apr 24, 2013
    5,552
    Female
    Scotland
    FIL funds only relevant insofar as he might have accounts or investments jointly with his wife. In such a case he would produce them but only half would be counted. As Jaymor says if an investment, pension or account is purely in his name it is not counted.
     
  5. ITBookworm

    ITBookworm Registered User

    Oct 26, 2011
    451
    Glasgow
    Not sure about this at all but worth a mention....

    For residential care there is absolutely NO doubt - only the funds of the person needing care are considered.

    For help around the home I seem to have some idea that there is consideration of the household income rather than only the person needing care. I can't remember where I got that idea from though ... :(

    Does the local council have any guides on their web site? Some council's are good and list what they will and won't provide, costs and what their financial assessment covers - worth a look for your council anyway.
     
  6. jaymor

    jaymor Volunteer Moderator

    Jul 14, 2006
    12,237
    Female
    England
    #6 jaymor, Jan 7, 2015
    Last edited: Jan 7, 2015
    They will take into account household expenses and these will be deducted from the assets available. It has been a few years since my husband had his assessment and I can't remember but it was probably the expenses of keeping a car on the road or any payments on loans that will not be taken into account as expenses.
     
  7. WILLIAMR

    WILLIAMR Account Closed

    Apr 12, 2014
    1,079
    For help in the home I don't know if it is different for a married couple but I know of a situation where a father and son were living together in a bungalow owned by the son.
    The council tried to give no financial help as it said the son's income was obviously too high as the bungalow was worth about £800,000.
    In the end it was agreed that only the father's income could be taken in to account.
    There was some argument over the expenses as the council said the bungalow was an unreasonable size for their needs.
    I don't think the dispute was ever resolved as the father passed away in a short time.

    It may be worth getting advice from Age UK or the Alzheimer's Society help line if the LA says both incomes / savings have to be taken in to account.

    William
     
  8. piph

    piph Registered User

    Feb 4, 2013
    1,530
    Northamptonshire
    #8 piph, Jan 8, 2015
    Last edited: Jan 8, 2015
    When my Mum had a financial assessment for help with costs of care at home it was all very simple as she has been living alone since Dad died over 11 years ago. But as her POA I just had forms to fill in regarding her income, and any expenses directly related to her dementia and other health problems (arthritis being the main one). Other expenses like food, utilities etc were not taken into consideration as she would have paid for them regardless. However, she does need the heating on quite high so I was told to put down what her monthly DD payments were (apparently they have a 'standard expense' for this and anything extra that she paid was taken into consideration). I filled in the form and sent them copies of all the relevant documents.
    It did take a long while to come through, but SS paid for the whole of her care until the assessment was complete (about 8 weeks later).

    I would suggest that you speak to the assessment team at your local SS and ask them what documents you need to have on hand for when they arrive.

    PS - the Care Assessment is always done prior to the financial assessment so that the care needs take precedence over any finance. That is as long as the person requiring the care does not have savings over the £23,500 cut off amount - any more than that and they do not qualify for financial assistance with care costs.
     
  9. Silver Bowler

    Silver Bowler Registered User

    May 8, 2013
    13
    Surrey
    Use of acronyms

    It is very good of professionals to spare the time to help those of us who are struggling to cope with unfamiliar bureaucracy but they should realise that their jargon is not part of the vocabulary of 'the great unwashed'.

    It helps us to better understand them if they follow the convention of expanding the acronym the first time it is used in a document. Eg (for example) one might use
    FIL (Find Indian Loot). :)


     
  10. piph

    piph Registered User

    Feb 4, 2013
    1,530
    Northamptonshire
    There is a very helpful list of abbreviations and acronyms >>>HERE<<<<
     

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