Hi,
I think I know the answer to this question but just in case …...
Several weeks ago, after visiting several care homes, we returned to our favoured one with a view to putting Dad on the waiting list. As it turned out they had a room vacant there and then and so within a few days Dad had moved in for a trial stay which now looks like becoming permanent. We had expected to wait a month or two for a room to become available so the speed of the process caught us by surprise and meant that most of my parents assets were still sitting in joint accounts. This means that what should be Mum's half of the assets are helping to pay for Dad's care so I'm just beginning the process of registering the Power of Attorney with the bank. It looks like the process of separating the accounts could take weeks in which time several thousand pounds will have been paid out from the joint account for Dad's care, half of which is effectively Mum's money. So my question is once my parents assets are separated would it be permissible to return the half of the care home fees being paid from Mum's assets while the accounts are separated (taking the money from Dad's new individual account)?
Thanks
I think I know the answer to this question but just in case …...
Several weeks ago, after visiting several care homes, we returned to our favoured one with a view to putting Dad on the waiting list. As it turned out they had a room vacant there and then and so within a few days Dad had moved in for a trial stay which now looks like becoming permanent. We had expected to wait a month or two for a room to become available so the speed of the process caught us by surprise and meant that most of my parents assets were still sitting in joint accounts. This means that what should be Mum's half of the assets are helping to pay for Dad's care so I'm just beginning the process of registering the Power of Attorney with the bank. It looks like the process of separating the accounts could take weeks in which time several thousand pounds will have been paid out from the joint account for Dad's care, half of which is effectively Mum's money. So my question is once my parents assets are separated would it be permissible to return the half of the care home fees being paid from Mum's assets while the accounts are separated (taking the money from Dad's new individual account)?
Thanks