Care home fees and tenants in common Dementia Talking Point
Table of Content During my life can I transfer my home to my children? Joint tenants and care home fees Tenants in common care home fees What happens when one of the tenants in common dies? Joint Tenancy and Tenancy by Entirety I think this will resolve most of the things you're concerned about. My brother and I technically 'own' a quarter share each of the house - indeed our names are now on the deeds at the Land Registry - but the will was set up so that my dad's half share of the house was transferred into a Will Trust upon his death. This means that we are Trustees only, and we do not hold a 'beneficial interest' in the property until my mum is actually dead. If you need information and advice related to your caring role, our Help and Advice pages cover a range of topics relevant to carers, including financial support, practical help, health, wellbeing and more. However, when mortgaging property as tenants in common, all borrowers sign and agree to t...