About £200,000 total
The local authority can grab everything apart from the last £23,000!
You are only allowed to make gifts to the level of gift that your mother would normally have made .
I imagine that you have been lookinglong and hard at this and have not come up with an answer. The reason is becausethere is not one which works, if ever, it comes under scrutiny.
The situation is quite simply that ifany money is transferred to avoid paying care fees, the local authority canapply to court to set the transfer of side and get the money back from whoeverreceived it.
In the event of special birthdays orweddings. You may be able to make gifts of a few thousand pounds, but that isabout it.
Under the power of attorney, you canonly use your mother's money for things which she would use it for and for herown benefit.
Indeed, you can only take reasonableout-of-pocket expenses out of it.
I appreciate that this is not theanswer you wanted but there is no point in me misleading you.
Can I help further?
Please bear with me over the weekendbecause I will be online and off-line doing "weekend things."
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Can we move £3,000 per year as would happen to avoid inheritance tax? Mum started this prior to going into the care home and wanted this to continue?
Another quick query relating to the same, a grandchild marries this April, is the £2,500 stated as an exempt gift under inheritance tax rules allowed in this case? Would like at least to feel that someone in the family benefits!
Thank you very much, very helpful.