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Should the proceeds of a property sale be used to pay for care home care?

My parents-in-law might move nearer us, but one of them requires nursing home care and we don’t know..

By admin , in Money , at November 22, 2017

My parents-in-law might move nearer us, but one of them requires nursing home care and we don’t know the rules around paying for it

Q My parents-in-law live in a town about 50 minutes away from my husband and I. My father-in-law requires nursing care in a home, and as they have assets in excess of the £23,500 limit they will have to pay for his nursing home care.

I thought one way around the distance we would have to travel regularly to support them both, would be to have him admitted to a home near us, and for my mother-in-law to sell up and buy a property near to us as well.

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