Find out the best ways to ensure your loved ones aren't hit with an avoidable inheritance tax bill by reading our 10 ways to avoid inheritance tax guide. Payment to the Council would be the responsibility of her executor (if she left a will) or administrator (if she didn’t). These range from the problem of one child dying, divorcing or going bankrupt while still owning a share of your property to the children or ‘throwing out’ the person owns the house.

I've been overpaying my mortgage: Can I get the money back and stick it in a higher rate savings account? In the event that the cost of the care home fees was more than the amount recovered through your mum’s property sale, then the local authority does have a power to recover the debt but they aren’t required to and can choose not to recover it.There is the option of the family offset mortgage, which allows family members to put their savings into an account connected to the mortgage. I have POA on my aunt who has been in a care home for the past 10 years with Alzheimers and other degenerative problems.

Will they take the house into account and if so what would happen to my brother if the care fee’s force a sale? If your mother went into permanent residential care at some point, then the value of the home that she lives in would be disregarded in the financial assessment by the local authority as you are a close relative over 60 who already lived in the home and will continue to do so.Though the exact location hasn't been confirmed by ITV, the luxury mansion looks a lot like Viola House, a property located in the same area. I felt that my husband was changing in that his memory was faultering after he had an anethsetic for a knee replacement, and jumping forward to the future I was worried that should any of us need care, we needed to protect our children`s inheritance. This would mean that the local authority pays the care home charges and put a ‘legal charge’ on the property. On death of Parent 2, do they still get the residence nil rate band of their own and transfer of Parent1’s unused allowance when not resident at home themselves but still owner of the home? They can listen to the full situation regarding your mum, hear your questions and provide information and support.