Hi
I'm trying to understand the Fair Deal scheme in relation to nursing home support - not something I've had to look into before - so I have a fairly basic query that I'm hoping someone can clarify before I go much further.
Where assets (in this case, two properties) are jointly owned by my parents, but am looking at the affordability for one parent to move into a nursing home, do I consider half the value of the properties when applying the 7.5% calculation, or the full value?
Similarly for income, do I only consider the income (in this case, pensions) of the parent who would be going into the nursing home when applying the 80% calculation, or the income of both parents, or half the income of both combined?
The answers to the above would determine if the fair deal scheme would apply for them or not.
Thanks in advance.
I'm trying to understand the Fair Deal scheme in relation to nursing home support - not something I've had to look into before - so I have a fairly basic query that I'm hoping someone can clarify before I go much further.
Where assets (in this case, two properties) are jointly owned by my parents, but am looking at the affordability for one parent to move into a nursing home, do I consider half the value of the properties when applying the 7.5% calculation, or the full value?
Similarly for income, do I only consider the income (in this case, pensions) of the parent who would be going into the nursing home when applying the 80% calculation, or the income of both parents, or half the income of both combined?
The answers to the above would determine if the fair deal scheme would apply for them or not.
Thanks in advance.