Thanks for your reply. I just meant whether given her circumstances the Fair Deal route would be the best rather than paying privately. Thanks for link . I’ll have a look.Not sure what you mean by "best options". Fair deal is what it is. If your mother transfers any assets to siblings, then at this stage, they will still count towards the fair deal calculation as will any assets transferred in the last 5 years.
the forms are pretty straightforward to fill out and by applying for Fair deal, you are not committing to anything.
There is a calculator here which will give you a good indication
Calculator March 2021 – fair deal
Delete Calculator Delete Calculator Delete Calculator..myfairdeal.ie
Thanks for your reply. I just meant whether given her circumstances the Fair Deal route would be the best rather than paying privately. Thanks for link . I’ll have a look.
At a quick glance it looks like your mother's contribution would be about 8k per month for 3 years, then it would drop to about 6.2k per month, more actually as her savings are depleted. It pays to apply as she can only be charged up to actual cost of care and after 3 years her PPR will be excluded from the calculation. After that, she will pay based on holiday home valuation plus valuation of savings and 80% of monthly income.I’m looking for referral to someone to help out with Fair Deal advice. We are 4 siblings of widowed mother in nursing home for past 5 months. Paying herself ( about €7200/month) Homes: Primary R valuation 300k , holiday home 160k. Income 4,400/ month incl rental & pensions. Savings approx €300k . Is there anyone we could talk to about best option please? Any advice appreciated.
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