Mom's House, Dad's House for Kids: Feeling at Home in One Home or Two

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Please call our Dementia Connect support line on 0333 150 3456 if you would like further dementia information, advice and support. Our advisers are available seven days a week: https://www.alzheimers.org.uk/dementia-connect-support-line For example, some people choose to rent out their property while the DPA is in place, to contribute to their care fees, reducing the deferred amount. We aren’t able to offer financial advice and you may wish to seek independent financial advice to discuss the options available to your mum.

Where is the My Mum, Your Dad house and how much is it worth?

You should be able to take over a demoted tenancy and stay if the property was your main home and you were living with the person who died for at least a year as their: If you were married or in a civil partnership with the person who died, you'll take priority over any other family members.We are not sure what you mean by ‘using the money as a deposit on a house’ but it is important to understand that as attorneys you have to act in the best interests of your mum. This means that you must use her money (which includes the proceeds of selling anything she owns) to benefit her and not anyone else (including yourselves) and anything you buy must be for her and in her name. If my dad was to sell the property now, would they be entitled to half of the equity minus any outstanding mortgage or could we argue that they are only entitled to half of the equity from the value the house was when my nan died (my dad has spent a lot of money on renovations believing it was his property and has also paid the mortgage for years)? It could then also be argued in some cases that Fred’s half of the house has little or no value because nobody would buy half a house, which would potentially protect Fred’s half (or the majority of it) too*. On his death the property formed part of his estate and probate would be needed to say sell it or transfer it to beneficiaries. When the person has deferred around 70 per cent of the value of their property, the local authority should discuss with the person (or their Power of Attorney or Deputy for Property and Financial decisions) whether a DPA continues to be the best way for the person to pay their care home fees and whether they may be entitled to any means-tested support from the local authority.

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If a noun is jointly owned, use the apostrophe only with the last owner. That’s why we say, for example, “Mom and Dad’s house,” not “Mom’s and Dad’s house.” Fred and Hilda could have become ‘tenants in common’ so that they own half their house each instead of owning it jointly. Then, if Hilda had made a Will which left her half of the home in trust for her children, rather than to Fred absolutely, the children’s inheritance might have been much greater. This is because Fred could have lived in the house up until the time when he needed care. Then his assets would have been means tested, and he could not be said to own Hilda’s half of the house, because it is in trust for the children. So as far as the local authority is concerned Fred’s half of the house counts as his assets (and the assessed value may be very low) – b ut Hilda’s half of the house is protected for the children.For more information please see Annex E: Deprivation of assets of the Care and Support Statutory Guidance: https://www.gov.uk/government/publications/care-act-statutory-guidance/… I’m thankful for this blog and useful information. I do have some questions that I’ve been searching for answers for. I’m hoping you might could help? If he does not, you can serve him with a notice telling him that you are severing the tenancy unilaterally. This would need to be registered at the land registry, and you should seek advice on how to do this, from ourselves or others. The Form A restriction does not itself change the ownership from beneficial joint tenancy to tenancy in common. The restriction only reflects the request or change made. You might be able to stay in your council or housing association home if the person named on the tenancy agreement dies - this is called succession. If you can stay, it will mean you'll take over their tenancy - this is known as succeeding.