I'm sure this situation will be familiar to many of you - we are currently using up mums savings to pay for care home fees before eventually have to sell her house to keep up with the payments. My brother and I have an enduring power of attorney enabling us to look after mums financial affairs.
The question is: Is there anything we can legally do to avoid all of mums financial assets, including her home, being used to pay for care fees?...or does the law state that we must use up mums money until we're down to her last £23k of assets?
Before mum became really ill with mixed dementia she always used to say to us that we should do something with the money before it's too late - things like leaving money to her 4 grandchildren was something she really wanted so much to do. It somehow doesn't feel fair that my mums life savings, for which she worked tirelessly, are spent solely care fees.
Thanks for reading
Martin
The question is: Is there anything we can legally do to avoid all of mums financial assets, including her home, being used to pay for care fees?...or does the law state that we must use up mums money until we're down to her last £23k of assets?
Before mum became really ill with mixed dementia she always used to say to us that we should do something with the money before it's too late - things like leaving money to her 4 grandchildren was something she really wanted so much to do. It somehow doesn't feel fair that my mums life savings, for which she worked tirelessly, are spent solely care fees.
Thanks for reading
Martin