Property News · May 19, 2016

Can I avoid my home being sold to pay for care if I buy it with my son?


We would be tenants in common but am wondering if he would have to be living in the property for it to be excluded from means-testingQ I do not have a partner. I want to purchase a property and hold it as tenants in common with my son to avoid my home being included in means-testing should I need to go into care in the future. As this arrangement seemingly works for married people will it work in my circumstances? And would my son have to live in the property?If this arrangement would not work for single people then does that mean we are not being given the same rights and opportunities to pass on what we have worked for to our children as those living with a partner? GD Continue reading…

Source : theguardian.com
Read more…Can I avoid my home being sold to pay for care if I buy it with my son?

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