From www.thisismoney.co.uk
Adam Uren, of This is Money, says: As you say, at around £190,000 prior to the gifts being given, the value of your parents' estate is well below the threshold for inheritance tax.
And even if it wasn't, if your parents lived for seven years after gifting you each the £15,000, then that cash would be considered as falling outside the estate and so also would not be liable for the tax.
Regarding care home fees, a local authority can investigate if it believes the money has been gifted deliberately to avoid having to pay care home fees when it carries out its means-testing assessment.
Under UK law, your local authority could claw the cash back in order to pay care home fees if the gifts were made within six months of one of your parents entering care.
Read more: www.thisismoney.co.uk/money/experts/article-2384774/Are-parents-avoiding-care-home-fees-gifting-45-000.html#ixzz3so80jhip
Where you a house owner before? So did you sell your home to move in with her? Did you pay rent for the time you lived there and share of food, heating, taxes, etc? You really need professional advice here.
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