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at present i believe the amount of my assets i can retain is arouind £27,500 and the rest of any assets have to be used to pay for care. How has this amount altered, if at all, during the past 5 years?
4 years ago a relation sold my mothers house for around £ 90,000. He reckoned that all of the money was used to pay for my mother's care, But I have recently realised that a certain amount could be legally held. At present i think this is £27,500. What would this amount have been 4 years ago/
Is the property in England or Wales? The reason is that the amounts are different.
Is he looking at recovering some money from the local authority? who sold the house? Did he sell it? who paid the care fees? Did he pay them?
We really need the full background to see whether there he actually has a case or not. Thank you
the property was in England - Norfolk
He sold the house, paid the care fees. I know there was a legal amount that did not have to be paid - i just need to know the amount
Thefigures have hardly changed. In England, the disregard is currently £23,250.
In2008/2009. It was £22,250
inWales the current figure is £23,500 and although I could not find the figurefor 2008 2009, I imagine it would be in line with England at £22,500
CanI help further?
Thenext part is really important for me:
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Final question - what was the disregard in England in 2007/2008 and
2006/2007. Was it the same as 2008/2009 or lower?
There is no index of what they used to be like there is for RPI and other indexes. I just happen to know the older figures. You are therefore faced with making lots of enquiries on the offchance that you find it. It would not have been higher