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To spend some of our DP 's money when they are self funding in care home.

4 replies

PicnmixTwixnBics · 02/03/2019 13:19

Posted on AIBU, didn't realise there was a specify thread for legal advice -Both of my DPs have gone in to care home due to ill health. They now wish to gift youngest grandchild £1000, when they pass their driving test as they did with older grandchildren. Would this be considered 'deprivation of assets'? Their assets total over £300,000 with an annual income of £25,000. DM has full capacity and wishes to gift this sum. DS and I hold LPA. DS thinks it is okay but I am hesitant.

OP posts:
HonestLawyer · 02/03/2019 21:38

It's fine. You will be able to demonstrate that there is a precedent for this. It would count as legitimate expenditure not an attempt to avoid fees. Not extravagant and with full capacity no question of manipulation arises.

Siriismyonlyfriend · 02/03/2019 22:07

I think some of the advice given on your other thread was that it could potentially be seen as deprivation of assets and to seek proper legal advice

BubblesBuddy · 04/03/2019 22:09

People are allowed to spend money even if they are in a home! In the circumstances £1000 is negligible. It’s not £100,000! Just do it. They are entitled to give a bit away as before and be caring grandparents - their normal way of life doesn’t give to stop.

ApolloandDaphne · 04/03/2019 22:11

It is their money they can gift it as they wish.

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