Thread: Signing over house, in order to avoid care fees

Hi

Not sure if anyone here will know anything about this, but.....

My Mother has asked me to find out if there is any way that a house (her house), can be signed across to me, and my brother. The reason for doing this is so that in the future, should she need care, the local authority can not sell her house to pay for this.

I should mention that she is only 54, but wants to make sure that we inherit something from her.

She lives alone, and has paid off her mortgage. She has very limited savings.

Any one know the best thing to do?

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She can do this, but I think if for some reason she has to go into a care home in the next 7 years, they will try their best to get at the house.

Someone will be along with much better knowledge, but it sounds like a good idea. I'm off to swot up on it.

Right well here is a discussion that your mum might want to read, it has the pros and cons about signing your house over to your children, as well as links to help the aged.

Signing house over to children before care - MoneySavingExpert.com Forums

I will understand if the link has to be removed, it is quite a lengthly discussion so copying and pasting is not an option.

Thanks for your comments, i will read through this.

I will understand if the link has to be removed, it is quite a lengthly discussion so copying and pasting is not an option.

Links to MSE are perfectly acceptable.

Ah good, I thought so