Paying for Social Care in the UK
We all know the score by now the government will make you sell your property to pay for care.
I am aware of Coughlans Law and am preparing to do battle but..............
Do need to weigh up the pro's and con's on all fronts.
One point of debate it to sell the house (my mother in law's) and put it in a high interest saving account in Turkey, as in the long term that would be where we will end up (Turkey not the next bed to her).
However we would need to transfer 100,000, what would this cost? How would we do it? How is the interest rate doing at the mo?
Also how would we draw on the interest to pay ongoing social care costs monthly here and what are the costs involved in transfering monies etc?
You always come up trumps thank you.............so does anyone know how to commit the perfect murder? (You have to kep your sense of humour).
Get a life!