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Elderly parents

Has anyone bought a care fee annuity?

3 replies

gunnersgold · 24/06/2022 21:20

I have PoA and mum is in hospital after a stroke . They are recommending a care home for dementia . She has around £1m in property and money if liquidated although I'd like to keep her rental as an income to support her care fees if necc . I have always had it in my head id but one of these but don't have any experience..

Has anyone gone down this route , she cannot live with me for various reasons.

OP posts:
MereDintofPandiculation · 24/06/2022 21:35

There was a post asking the same question just a few days ago

MereDintofPandiculation · 24/06/2022 21:37

www.mumsnet.com/talk/elderly_parents/4559233-care-home-annuity

gunnersgold · 25/06/2022 08:10

Ah thank you

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