Hi everyone. Newbie here ??
my mum is as yet I diagnosed but will be very soon. We have recently sold ours and mums house and bought a bigger one for us to live in together. She is left with around £30k cash and her share of this house. When the point comes that she needs to go into care, would we have to sell the house to release her equity? Our solicitor is arranging a trust for the shares but as it won’t be 7 years prior to her care, I suspect we may need to sell?
my mum is as yet I diagnosed but will be very soon. We have recently sold ours and mums house and bought a bigger one for us to live in together. She is left with around £30k cash and her share of this house. When the point comes that she needs to go into care, would we have to sell the house to release her equity? Our solicitor is arranging a trust for the shares but as it won’t be 7 years prior to her care, I suspect we may need to sell?