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Author Topic: old age problem,s solved  (Read 211 times)

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Offline Johno

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old age problem,s solved
« on: April 03, 2017, 04:57:25 PM »

Online Selena

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Re: old age problem,s solved
« Reply #1 on: April 03, 2017, 05:47:33 PM »
Funny but really sad too!  :shrug:

Offline QuietMouse

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Re: old age problem,s solved
« Reply #2 on: April 04, 2017, 03:44:27 AM »


I know someone who has just gone into a care home (UK)...
fees are....£3,600 per month !
Selling his house to pay for it....his son will inherit nothing...

Yet if he rented a house and had no savings....it would all be free. :beast:
The more people I meet, the more I love my dog !

Offline jezz

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Re: old age problem,s solved
« Reply #3 on: April 04, 2017, 04:50:42 AM »
He should have given the house to his son before having to go into a nursing home. But he probably wanted to stay there as long as possible eh?
Those nursing homes are very expensive. That's cheap compared to some around here.

Offline beast

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Re: old age problem,s solved
« Reply #4 on: April 04, 2017, 08:43:26 AM »


  I had a friend that went in a nursing home and they came too her room one day and had papers for her to sign over her house too them. She told them she didn't have a house. She had signed it over too her daughter 2 years before. One smart woman

   :beast:
thanks Guest for reading my post
 

Offline jezz

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Re: old age problem,s solved
« Reply #5 on: April 05, 2017, 04:38:20 AM »


  I had a friend that went in a nursing home and they came too her room one day and had papers for her to sign over her house too them. She told them she didn't have a house. She had signed it over too her daughter 2 years before. One smart woman

   :beast:

That's the way to do it!

Offline Jenna

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Re: old age problem,s solved
« Reply #6 on: April 05, 2017, 05:59:44 AM »
When a person goes to a nursing home here the government no longer takes
the family home but do take all other assets, land and savings to help pay the
cost of care.  Those who cannot pay and have no assets are subsidized.
To my knowledge this has not changed.
 

Offline Skhilled

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Re: old age problem,s solved
« Reply #7 on: April 05, 2017, 08:07:09 AM »


  I had a friend that went in a nursing home and they came too her room one day and had papers for her to sign over her house too them. She told them she didn't have a house. She had signed it over too her daughter 2 years before. One smart woman

   :beast:
That also works for divorcing too. LOL A co-worker sold all of his things to his mother for $1 and had a notarized bill of sale! Wife couldn't get any of his things.

Offline foreveramber

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Re: old age problem,s solved
« Reply #8 on: April 05, 2017, 12:56:34 PM »
I'm pretty sure they check back a few years to determine if you have given your assets away in order to avoid paying, I know in one of the Maritime provinces it's 5 years.   The big problem is when only one of the couple is in a home which leaves the other one with no money to live on.   

Offline Ronald

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Re: old age problem,s solved
« Reply #9 on: April 05, 2017, 01:12:32 PM »
They do check back some years..

I know when my ex wife tossed me out, I got my own place, bank account, bought my own furnishings for my apartment. When the court date came up, I was told to access all my assets, and divide the amount in half and give my ex wife to amount of what half was..

When my ex mother in law was put into a nursing home, they just took her old age pension, and we had to cover the remaining amount.. Government never took the home or touched any bank account..

Offline QuietMouse

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Re: old age problem,s solved
« Reply #10 on: April 05, 2017, 07:35:52 PM »


We have been thinking of signing over our house to our married son (we have no parents)...
but what if the marriage goes wrong.....his wife might be able to claim half .....?
I wouldnt want that to happen ! :shrug:
The more people I meet, the more I love my dog !

Offline jezz

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Re: old age problem,s solved
« Reply #11 on: April 08, 2017, 06:53:54 AM »


We have been thinking of signing over our house to our married son (we have no parents)...
but what if the marriage goes wrong.....his wife might be able to claim half .....?
I wouldnt want that to happen ! :shrug:

If her name isn't on it, she won't get it. It's a good idea to add your son to the deed now. And you can be specific in a will if you haven't got one already.

Offline QuietMouse

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Re: old age problem,s solved
« Reply #12 on: April 08, 2017, 06:24:25 PM »


Jezz...I think my daughter in law could claim for half the house if they were divorced...
We have made out our Will, and everything goes to our son....but his wife could claim for half...
not sure if things are different in the USA.... :shrug:
The more people I meet, the more I love my dog !

Offline Skhilled

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Re: old age problem,s solved
« Reply #13 on: April 08, 2017, 10:06:04 PM »
I suggest you check the laws where you live first so there are no surprises...

 


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