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I will cut to the chase on this if I may.Since marrying 8 years ago my wife and I have shared ownership of a house with my wifes elderly mother. (we own 1/3 she owns the rest)If, as seems increasingly likely, she needs to go into a home how will the authorities deal with the house? MIL income is approx 1/4 of the monthly rate a care home as far as I can see.
Have a look on the Age Concern web site. They have lots of guides to download about paying for care homes and jointly owned homes.
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