I have a background in benefits for older people and my understanding, with that of my colleagues, was that there is no legal way to “protect “ property from being required to be sold to pay for care.
Next week we are updating our wills. A close friend who did this last year said that their solicitor had sold them a product, a kind of trust, which meant that whatever happens in the future, they are guaranteed to be able to leave their property to their family. I did not share my concerns. They had already done it.
But it does concern me that a) this company is giving wrong info. and making money out of clients and b) my understanding is wrong and we should at least consider it.
Have the rules changed? Any experiences among GNetters.
pensionpat Mon 14-Sep-20 08:37:58
Missfoodlove Mon 14-Sep-20 09:19:56
Doodledog Mon 14-Sep-20 09:52:53
suziewoozie Mon 14-Sep-20 10:14:09
Liz46 Mon 14-Sep-20 10:23:19
Doodledog Mon 14-Sep-20 10:23:24
quizqueen Mon 14-Sep-20 10:33:39
Doodledog Mon 14-Sep-20 10:52:49
suziewoozie Mon 14-Sep-20 10:57:06
pensionpat Mon 14-Sep-20 11:11:33
kittylester Mon 14-Sep-20 11:20:14
Doodledog Mon 14-Sep-20 11:20:57
Floradora9 Mon 14-Sep-20 22:00:12
Doodledog Mon 14-Sep-20 22:07:35
LadyStardust Mon 14-Sep-20 22:15:56
Doodledog Mon 14-Sep-20 23:02:20
Esspee Tue 15-Sep-20 03:42:25
kittylester Tue 15-Sep-20 06:38:51
Davidhs Tue 15-Sep-20 08:28:56
Brahumbug Tue 15-Sep-20 09:22:57
Brahumbug Tue 15-Sep-20 09:34:18
suziewoozie Tue 15-Sep-20 10:10:13
suziewoozie Tue 15-Sep-20 10:12:31
Doodledog Tue 15-Sep-20 10:57:10
Doodledog Tue 15-Sep-20 10:58:20