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| Thread ID: 150506 | 2022-02-28 19:27:00 | Homeless | piroska (17583) | PC World Chat |
| Post ID | Timestamp | Content | User | ||
| 1484625 | 2022-02-28 19:27:00 | So my mum has lost it. Dementia.I'll spare you the details. However I've been told the docs override any decisions and thus she'd be put in a home. So they sell her house, and stuff, take her few hundred savings to part fund it and me and brother will be out on street. Too bad about his disabilities, and too late for her to sign house over to him, she's not competent anymore. He's panicking. |
piroska (17583) | ||
| 1484626 | 2022-02-28 20:22:00 | Haven't you all been preparing for this day for some time, and have a Plan A? Seems to have been coming for some time. |
allblack (6574) | ||
| 1484627 | 2022-02-28 22:43:00 | I'm sure you have talked to lawyers/CAB? about this? Docs do not automatically make all the decisions. At teh very least you should have a power of attorney for the property | the_bogan (9949) | ||
| 1484628 | 2022-03-01 00:19:00 | You forget....I'm the evil child (Non-religious). I've been trying since 2015. I have found one lawyer who is willing to chnage house over, costing $1800....rip off but wth, it's a step. It's too late for POA |
piroska (17583) | ||
| 1484629 | 2022-03-01 01:14:00 | $1,800 was bloody cheap. But I understand. I've dealt with situations like this before. It seems most people are unedcuated in the process or don't think it will happen to them. That $1,800, he will spend a hell of alot of time arguing without a power of attorney document, and I doubt he will make too much profit from it in time etc. |
the_bogan (9949) | ||
| 1484630 | 2022-03-01 03:11:00 | Dunno about a S$P at $1800 being cheap with no mortgage, epsecially when it will have to go on his visa, and he'll need to up the limit to do so.....but whatever. better than on the street. Whatever else happens, if my brother has the house in his name, then they can't sell it out from under him, but they could if it's in her name, cause she would not be here. He can't live on his own, I can't help, I don't have one either....imagine him being on a waitlist with Winz for a gang infested **** hole.....he'd be a target too. I have tried telling her this heaps of times, and POA and ADvanced Care plans and so on, but I fail to get it across. Even now she says why does she need a lawyer, I have a will. AS in as I type this. I've been through it 4 times today already......so as fast as possible is good. |
piroska (17583) | ||
| 1484631 | 2022-03-01 04:59:00 | Although it is too late for you, Piroska, this may be helpful for someone else. We do not own our house. It is in a trust. So we are asset poor. If the husband or wife has to go into care, you have to sell the house and use the money to pay for their care. Only when you have only a few thousand left will the government step in and pay for their care. As I understand it, if your assets (your house) are in a trust, then you don't own anything and the government will pay for your spouse's care. Having said that, you will not have to sell your house if your spouse is still living in it. Thank goodness for that. And having your assets in a trust must be a good thing as most of our politicians have a trust. |
Roscoe (6288) | ||
| 1484632 | 2022-03-01 05:08:00 | Not talking about a trust but I thought you were allowed to keep the house and $250000 in the bank. When the one living in the house dies or has to go into care also, then the house must be sold and proceeds used to pay for care from that point on. Please correct me if I am wrong. My mother had dementia. It was 7 years of degeneration before she died. We had enough out of her estate to cremate her and have a slap up feed, three of us and our spouses. Didn't worry us, it was all her and Dads money. Well spent! Ken |
kenj (9738) | ||
| 1484633 | 2022-03-01 05:20:00 | An addition to the above........and then, there is a residual amount that has to be left for the descendants. #200000, I think? My mum was before those rules came in. Ken |
kenj (9738) | ||
| 1484634 | 2022-03-01 06:07:00 | www.workandincome.govt.nz Wow, I thought dependant children were protected, but they don't seem to get any mention here. I'm looking after my own mother who is in late dementia. What stops you from continuing to look after your mother at her home? That's what I'm doing, although the difference is here is that we jointly owned this place, and since then chucked it into a Trust as well. Anyway, they can take the house and all assets down to a limit of $239,930, or you can retain the house and keep assets (cash) to the value of $131,391. One option that might keep everyone happy is to rent the house to yourself and your brother. The rent you pay goes towards mums care costs, meanwhile you and bro collect an accommodation suppliment to help pay the rent... it's a money-go-round from one govt dept to another. I believe you may also have the option to stay in the house until your mum passes, with the estate then owing the balance of her care costs (ie the house gets sold then, leaving the estate with $239,930 from the sale, maybe lots more $ if she dies sooner. But anyway, keeping her at home should be a good option. It's working here with my mum, as long as she's getting adequate care and you're not getting too stressed yourself, then the status quo is best for all concerned. That doctor needs a kick into touch if your mum is otherwise well and happy. |
Paul.Cov (425) | ||
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