I've searched but couldn't find a similar thread. Elderly family member in a private nursing home, currently paying 2500euro per month based on the fair deal scheme. This is taken from her savings (previous sale of house), and she has no other assets. We sought and got a review of her case in the scheme after 4 years and her monthly contribution to the nursing home was reduced. However, her savings are now being rapidly spent and she is getting worried about what happens when her funds run out. She has a small widows work pension and the old age pension as only income.
What happens when her savings are gone – does she then pay 80% of her income (ie the pension) and can she continue in the same nursing home ?
I see the first 36,000 are excluded from assessment – does this mean when she gets to 36k left in savings, she can keep that money for herself - she is very concerned she will have nothing left for her funeral and to give a bit to her grandchildren. (She is of the age where paying for your own funeral is very important to her) Is there a way to now give the children/grandchildren a small gift from her savings without upsetting the fair deal scheme?
What happens when her savings are gone – does she then pay 80% of her income (ie the pension) and can she continue in the same nursing home ?
I see the first 36,000 are excluded from assessment – does this mean when she gets to 36k left in savings, she can keep that money for herself - she is very concerned she will have nothing left for her funeral and to give a bit to her grandchildren. (She is of the age where paying for your own funeral is very important to her) Is there a way to now give the children/grandchildren a small gift from her savings without upsetting the fair deal scheme?