Gifting your capital/assets to another person

If we believe that you have given away your assets, such as money or a house, to reduce the amount you pay for your care, we may still include the amount you have given away in your financial assessment.   

We will consider the timing and the reason why you gave away your assets. For example, we will look at whether you gave away your assets at a time when your health meant that you would be likely to require care services from us in the future.

If this happens and you are unable to pay the cost of your care, then the people you gifted your asset to may have to return the asset to you or pay your outstanding care costs.