1. Expert Q&A: Benefits - Weds 23 October, 3-4pm

    Our next expert Q&A will be on the topic of benefits. It will be hosted by Lauren from our Knowledge Services team. She'll be answering your questions on Wednesday 23 October between 3-4pm.

    You can either post your question >here< or email them to us at talkingpoint@alzheimers.org.uk and we'll be happy to ask them on your behalf.

Money and potential care in the future

Discussion in 'Legal and financial issues' started by Tears Falling, Mar 22, 2015.

  1. Tears Falling

    Tears Falling Registered User

    Jul 8, 2013
    637
    In theory can my mum and indeed my dad pay for their funerals upfront out of the funds they have. Thinking that in the future mum will likely need residential care and am wondering whether they can spend their money on this sort of thing. They are adapting the house etc for now and using their funds tondo so.

    Would that be seen as deprecation of assets in relation to funds for self funding and future care fees being met by the state?
     
  2. withy

    withy Registered User

    Feb 23, 2013
    95
    Lancashire
    I asked a solicitor about this and was told it was OK to do it. So I have paid for 2 funeral plans, for my husband and myself.
     
  3. Saffie

    Saffie Registered User

    Mar 26, 2011
    22,497
    Female
    Near Southampton
    LAs vary but it was acceptable to mine to prepay for my husband's funeral.
     
  4. Tears Falling

    Tears Falling Registered User

    Jul 8, 2013
    637
  5. marionq

    marionq Registered User

    Apr 24, 2013
    5,855
    Female
    Scotland
    I have invested in a plan with Age UK for my SIL on the grounds that if husband and I were not here there would be no one to organise a funeral. I have insisted that details of her policy are entered onto the records held by her sheltered housing management.

    I have also given copies of the policy to two distant but next nearest relatives to make sure everyone knows who to phone should she die and we are not here to do the necessary.

    Once done it is one less responsibility to bother about.
     

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