finance
Saving money on your parents’ energy bills
Latest update for June 2020: For information about how to manage bills and get a better energy deal, visit Citizens Advice. This article has been updated in January 2019. Schemes and prices change all the time. For up-to-date information, it is worth visiting the Money Saving Expert’s website. We’ve searched far and wide to […]
Read moreCare fees funding and deprivation of assets: the rules
Member of Solicitors for the Elderly and Associate with Clarke Willmott LLP Heledd Wyn shares how to protect your parent from the possible pitfalls of a Local Authority investigation and what to do to ensure their financial actions aren’t deemed to be deprivation of assets. If your parent is thinking about making a gift to […]
Read moreShould you be paying care home top-up fees?
Written by Kathy Lawrence If a care home resident is funded by their local authority, then families are allowed to contribute top-up fees to give them more choice in where they live. There are growing claims that local authorities are demanding top-up fees to cover part of the basic care for which the authority is […]
Read moreWhat is NHS Continuing Healthcare?
Written by Rebecca Lenton As our parents get older their healthcare needs can change considerably. With complicated health conditions comes lengthy NHS and local authority assessments that can leave both you and your parent in a state of confusion. It can be difficult to understand how these processes can be of benefit to your parent […]
Read moreHow to apply for Attendance Allowance – what you need to know – Part 1
Written by Sandra Bullen It’s easy enough to say you can apply for this or that to help support your parents, but just how difficult is the practice? When They Get Older co-founder Sandra and her husband have begun the process of applying for Attendance Allowance for her mother-in-law. She’s keeping a journal of the […]
Read moreHow to fund care home fees through investment
Andrew Dixson-Smith, Business Development Director of care fees specialists Eldercare Group, shares his advice for managing your parents’ finances to pay for their care bills. The process of finding suitable care for a parent can be an extremely daunting prospect. Quite often, this process has to be undertaken at a time of crisis for the […]
Read moreWhose house is it anyway? A question of home ownership
The When They Get Older team recently read an article in the Telegraph highlighting how home ownership transferrals can be a bit tricky to organise in terms of tax and care planning. Local councils have employed inspectors to investigate elderly who sign their homes over to their children. These inspectors have the power to reverse […]
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