Does Fair Deal Scheme Seizes Property and Leave Disabled Family Members Homeless?

 

Many have criticised Fair Deal Nursing Home Scheme on the grounds of leaving financially vulnerable family members homeless after an aged applicant’s death. Do you think the Fair Deal Scheme, which was designed keeping in mind the desperate need for financial support to cover the cost of long-term nursing home care, would be so harsh on family members? The blog today explores the same. Read on if you belong to a household where the eldest member is a beneficiary of the Nursing Home Support Scheme.

If you rethink the scheme and its terms and conditions, you will remember the capping on total contribution over the 3 years term. It’s 11.25% in place of 3.75% for applicants with spouses wishing to defer the loan repayment until the former’s death. Needless to say, the scheme thinks in favour of applicants and their family members.

The question, however, is - will the Fair Deal Scheme be kind towards a family where the eldest member, who was once an active applicant, dies leaving behind disabled sons to bear the Nursing Home Support Scheme cost of care? Does this indicate selling off their ancestral property to acquire funds for clearing out the dues? To be honest, many have questioned the same and the write-up today aims to address it.

Firstly, it’s already stressful for a family to undergo the unfortunate demise of the eldest family member. The presence of disabled sons or family members adds to the woes. Naturally, the query is who will pay the 22.5% contribution? Experts believe it’s not at all mandatory to trade the residential property in exchange for a hefty sum to meet the dues. There is complete freedom to raise the funds from other sources. However, in the case of a family, where two of the sons or members are disabled, meeting the deadline of 12 months is next to impossible. There is only one way left and that is deferral.

Fair Deal clearly states that a household can postpone payment if a relative receives a disability allowance or maybe a non-contributory State pension or visually impaired pension. Now that you know that the family qualifies for deferral, anyone from the household has to apply for it in person to the local Nursing Home Loan Support Office. On acceptance, the unpaid contribution shall no longer fall as a due, restoring each of the member’s peace of mind.

Final Thoughts:

In the end, all we can say is that Fair Deal Nursing Home Scheme is compassionate towards all its applicants and their family members. Nobody goes homeless until and unless the applicant wishes to. However, it’s always better to consult an advisor to best understand the process and take steps accordingly.

 

Fair Deal Scheme: The Way We Care for the Elderly has Changed

 

Gestures of love and care shown to aged parents vary from one person to another. While some visit their elderly parents’ house on weekends for the company, others accompany them to the doctor’s chamber. However, the definition has changed ever since the Fair Deal Scheme got introduced. Today, adult children who genuinely think about the wellbeing of their aged parents, avail of HSE’s Nursing Home Support Scheme to subsidise the cost involved. It’s the new standard of care in Ireland and people are increasingly applying for the scheme on behalf of their elderly parents, who are suffering from severe mental and physical conditions.

If you are planning to take it up for your mother or father or any of your close relatives who are suffering from physical and mental incapacity, go ahead. There’s every reason you should involve the HSE to fund a certain amount towards your loved one’s nursing home care.

Much like every Irish Government scheme, this too suffers the lashes of the public. Many have criticised it on the grounds of being means-tested. In other words, they believe that the benefits of the Nursing Home Loan Scheme stand eligible only for those who have sufficient income and assets. They also feel that the bequest of the farm left behind for the next generation has become riskier. Well, haters are going to hate, no matter how lucrative you make a scheme. So, disregarding all facts, let’s move ahead to check out the benefits it can bring upon your ailing loved one.

The Nursing Home Support Scheme is the greatest gift you can present to someone you love and care for. It covers the following:

Ø  Appropriate care at one’s chosen nursing home.

Ø  Therapy along with some basic aids and appliances to help patients with their day-to-day activities.

Ø  Laundry service, bed and board.

Ø  Medical care, including medication and GP charges.

All that an eligible person has to fulfil are certain conditions, three of which are the most critical:

1. Care needs assessment - This part of the application examines the applicant’s eligibility for long-term nursing home care.
2. Financial assessment - This part, on the contrary, takes a look at the income and assets of the applicant and calculates the person’s contribution towards his/her cost of care. Based on this, the HSE determines the State support that the applicant is eligible for.
3. Nursing Home Loan Scheme- This one is a true saviour for those who wish to defer their contribution to a later date.

Final Thoughts:

After retirement, the only dream of aged parents is to live an independent life, without being a burden to their adult children. Today, that’s possible with the Fair Deal Scheme. Those who truly care for their elderly and ailing parents or loved ones, make it a point to fill up the application form and cater to their long-term nursing home care needs. So, it’s like a standard of care, expected by the aged population from their adult offspring.

 

Fair Deal Scheme: How is it Helping People on their Life’s Financial Journey?

 

Growing old is no longer a thing to fret about. The credit, of course, goes to HSE, working on behalf of the Department of Health in Ireland to assure Fair Deal Nursing Home Scheme applicants of long-term care in exchange for a nominal sum. Under its presence, many can now heave a sigh of relief in knowing that there’s the State to back you up, irrespective of your financial condition. How? By paying the balance to your choice of HSE approved Nursing Home. And you can return the favour over your lifetime through the Nursing Home Support Scheme cost of care contributions, charged over income and assets.

All you have to do is fill up an application form for the Fair Deal Scheme by following the steps below:

1. Go ahead for a Care Needs Assessment to verify that you need long-term nursing home care.
2. Let HSE assess your financial condition and determine the cost of care contribution to the State.
3. In case you wish to seek additional assistance, you must apply for the Nursing Home Loan or the Ancillary State Support. Under it, the State advances full financial support for the time being and charges it from one’s property assets at a later date.

This is how the loan builds up with the State paying all your Nursing Home contributions. You have to repay it:

ü  From your estate when you pass away

ü  From the money you gain from selling or transferring your property

ü  When the bank announces you bankrupt

ü  When you provide false or misleading information while applying for the Nursing Home Loan

Bear in mind that the HSE shall charge interest rates on the borrowed sum, payable during loan recovery. It’s calculated mostly from the CPI (Consumer Price Index).

The Fair Deal Scheme has smoothened life’s financial journey to a great extent. However, there are still some obstacles on the way, be it knowledge gap, lack of awareness etc. Advisory service providers like Fair Deal Advice helps applicants get rid of those hurdles in the following ways:

v Sends across a checklist, enlisting the documents required for a preliminary assessment.

v Reviews the financial position of applicants to help them understand the cost they are bearing today and the financial impact the scheme would have on them afterwards.

v Outlines every step so that it’s easy for applicants to prepare for the application process.

v Helps applicants fill up the application form and submit supporting documents to finalise the process.

Postscript:

Take the helm of life’s financial journey with only that advisory body, who understands the sensitivity of the situation and empathises with you on the difficulty of your circumstance. Fair Deal Advice is one such provider, who not only feels for the client but also offers a professional level of advisory service to ensure the success of the application.

Fair Deal - Nursing Home Loan Scheme - Making A Conscious Decision

For those who are looking to apply for Nursing Home Support under the scheme of Fair Deal in Ireland, here are some of the basic rules to follow to have a holistic settlement. Steer clear of controversies, concepts and the main focus of the scheme. It is pivotal that applicants take a step with full knowledge, confidence and consciousness about what the scheme entails for the person seeking care, the family members and the property. There is no room for general concepts here. 

Fair Deal Scheme And Farming Families

As of 2020, there is still no change in the Fair Deal policy for Nursing Home Support about putting the 3-year cap on Family Farms, as was proposed in 2018. Farming families would still have to choose between the farm and nursing home support for a loved one since they would have to make the annual payment of 7.5% against the property - for as long as their loved one receives care. The 3-year cap currently applies to only residences that have family dwellings.

 

So how is a family supposed to pay against a land? Families would have to either sell or mortgage the farm to a third-party mortgage provider and pay the 7.5% through the interest or mortgage/sell the farm to the HSE under the Ancilliary State Support or Nursing Home Loan Scheme. This scheme entails that you can delay the payment against your property and run the farm is it is for as long as the loved one stays under care. But after their lifetime, you would either have to pay for the entire amount or surrender the property.

 

The moral of the system is that it is most functional for individuals who have a farm, but is not part of a farming family, and who have no successors as such to pass on the property. Whereas, for Farming Families this scheme entails to take more, the more you have.

 

When You Need Nursing Home Care And Have A Good Deal Of Assets

The Fair Deal Scheme is most beneficial for cash poor and asset rich individuals who need long term care.

But in some instances, you can keep your home while receiving Nursing Home Care. Here’s how.

 

It leaves broad scopes of savings, through many exemptions which include a €36,000 savings exemption which is increased to €72,000 for couples. Then you will get Tax Exemptions, Exemptions for Critical Medical Care, important bills, cost of childcare or of a family member, repayment of loans and many others.

 

Ideally, this scheme works for individuals who hare single, have limited assets and live on rent, or those who are already living in Nursing Home Care and looking for a more affordable alternate. However, for those who have a decent pension and a home that they wish to pass on to their children, they might be at a loss of having to decide this or that.

 

The scheme guarantees that no one would have to pay more than their care needs. And whilst there are plenty of controversies regarding the “unfair” policies, there are many aspects of this scheme that make it a truly fair settlement for the financially weak. So have a broader spectrum about the situation and take the advice of Fair Deal Counsellors to make a conscious decision.

 

 

 

Fair Deal Scheme: The Ideal Support For Growing Old In Ireland

 

With the outbreak of a Novel Coronavirus taking the world by storm, caring for senior citizens is becoming a more serious task for both the elderly and their families. In the midst of this crisis, working from home has become the new normal and thousands of Irish people are juggling work and elder care with a sick parent who needs attention. At the top of the caring list is the finance to address the inevitable cost of caregiving.

Rising costs coupled with reductions in secondary income supports like fuel allowances, telephone and the introduction of numerous ‘stealth’ charges for tax, property, and water have hit the older people very hard. Aging citizens need nursing home care for numerous reasons since not everyone can afford the live-in expensive home help. And, applying for the HSE’s Fair Deal Scheme can be a great way to seek financial support for long-term care.

Here’s an overview of the Fair Deal Nursing Home Scheme.

The Fair Deal Act: Explained

The Fair Deal or the Nursing Home Scheme was brought into Irish law on 1^st July 2009 and later introduced on 27^th October in the same year under the Nursing Home Support Act or the Fair Deal Act. It provides financial support to Irish citizens who require long-term nursing home care. Individuals can choose care in any of the nursing homes included in the scheme, provided the nursing home can cater to the person’s specific needs and has a place available for him/her.

What Does The NHSS Mean For You & Your Property?

People applying for the Nursing Home Support Scheme (NHSS) will be assessed by the HSE to establish their financial standing including assets like any property owned as well as cash assets. Once it is approved, you will have to contribute towards the cost of care and the State will pay the remainder.

The Fair Deal Application Process

There are two stages to the Fair Deal application process. The first and foremost step is the Care Needs Assessment that is carried out by the healthcare staff. By looking at the healthcare needs of you and your family, and the social supports, it will be determined whether you need long-term care in a nursing home or you can be supported to continue living at home.

If the Care Needs assessment shows that you require long-term nursing home care, the Financial Assessment will work out the amount you will be paying for the cost of your care and the amount the HSE will be paying. The amount you pay for your care depends on your income and the value of your assets.

The part concerning non-cash assets like property is Page 6 or Part 4B of the application. Some information required here is, of course, the property address along with the property’s current value. It clearly states that the “Certificate of Market Value” is required for accompanying the form. Also, you need to include details regarding loans on property like credit union loans or mortgage payments.

What Is Considered In An Official Property Evaluation?

1.      Property Type

When evaluating a property’s value, location is everything and thus forms to be a major aspect when making an accurate appraisal. Homes close to modern amenities like hospitals, schools, banks, recreational facilities, are the most desirable locations. So, these properties enjoy a higher price tag.

2.      Location

The kind of property you own will be a key factor when the evaluation is carried out. Houses and apartments offer different features including the accessibility to a balcony and garden.

3.      Aspect

The direction your property faces can make or break for a house. Among all the directions, the South-west is the most desired aspect for any residential property since it offers maximum light.

4.      Number of Rooms

Another crucial factor that can affect your contribution to the Fair Deal Scheme is the number of rooms in your property. The number of bathrooms, bedrooms, balconies and living rooms will significantly affect your property’s price.

5.      BER

Energy ratings provide a score that represents the energy your property is consuming. It reflects how energy-efficient your house is.

6.      Parking

Access to underground, on-street or surface-level parking is another vital factor that several property buyers have at the top of their list. It has a great impact on the overall value of a house and is taken into consideration when making the appraisal.

Bottom-line:

Whether you or your loved one suffers from an illness, opting for the NHSS scheme can be an informed decision for all. Need assistance or expert advice on the Fair Deal application process? Approach the renowned financial advisors and be assured of a hassle-free and timely application process.

The Procedure And System For Nursing Home Support Scheme Ireland

 

In Ireland Nursing Home Care is very expensive, and the growing senior population demands a more affordable, fair system that could make things easier for people who don’t have adequete financial strength.

The Fair Deal Scheme was first introduced in 2007 by the Irish Government through Health and Security Executive (HSE) organisation, in a bid to aid senior citizens in need of Nursing Home Care through a systematic financing policy.

This is not free funding, but a scheme wherein cadidates would have to pay a portion of their care costs based on their affordability, while the state will pay the balance. But this doesn’t have much scope for the candidate to decide what is their affordability, the state decidedes it.

There are many things that are vague and unsaid about this scheme, and as of now, after the COVID pandemic, the applications have increased manifolds, creating quite a buzz about the exact fairness of the idea. Here’s all you need to know about it.

Nursing Home Support Scheme Ireland - Who Are The Ones At Best Benefit

 

The fundamental scheme entails that one who needs Nursing Home Care, can go through the

Fair Deal support to make it affordable for them.

However, the contribution is 80% of your income 22.5% of the value of assets (broken down to 7.5% of the total amount per annum for 3years).

HSE runs two assessments to determine the candidacy of individuals and to ascertain a contribution that is “Fair”.

The first is a care assessment which is conducted in collaboration with medical proffesionals either appointed by the HSE, or by coordinating with the doctor of the candidate. The care assessment determines the care needs of the candidate and how much would it cost.

After that, comes the Financial Assessment which is done in collaboration with a financial proffessional who audits the income, savings, assets of the candidate and determines their affordability of the scheme.

In the financial assessment an amount of €36,000 is exempted from the count of cash assets, whatever is remaining, candidates would have to pay 80% of it per year. As for non-cash assets, like a house, farmland, non-farm land, company stocks, or small business, the cash flow has to be 22.5% which is distributed to 3years of 7.5% payment.

The whole thing can reduce to half, if the candidate has a spouse or family member back home, who has equal share at the estate. In that case the contribution would be 40% of total income and 11.5% of non cash asset, distributed to 3.75% per annum. And €72,000 will be exempted from the total savings.

Now the problem is that not all people have €36,000 in savings or that they have a home that is probable to sell, or a farmland that is up and run by the family members. In such situations the candidacy can be really cumbersome.

Would You Go For It?

The scheme is designed for retired people that don’t have to bear the responsibility of family anymore, and lives off their pension and savings, at their own house - that does not have a successor as such. Or have a farm that has no people to look after for after their demise.

If you have a family and you wish to pass on the estate to them then you better do this at an early age, and at least 5years before you think of going for the Fair Deal Scheme. Succession Planning is the best way to have your house, and have a good settlement plan with the Irish Nursing Home Care system, one that you can fairly afford. 

Nursing Home Support Scheme Dublin - How It Is Going To Be With New COVID Rules

 

Even though the Irish Government has lifted most of the lockdowns, the Coronavirus Pandemic is still out on the loose, and it has directly impacted many processes of official matters, with the introduction of new COVID-related measures - which is the new normal.

At this crucial moment of the Global Pandemic, there is a raised concern of uncertainty, especially regargding future security and retirement plans. Now, whenever there are talks of retirement plans in Ireland, the Fair Deal Scheme is always relevant, if not inevitable. A lot of people are aware that the scheme may not be the right option for them, for it is radically not the best choice for people who have a lot of assets and savings. But for them who already are living on Nursisng Home Care, or live on rent, this might be a good settlement plan.

So if you are looking to go for a Fair Deal Scheme Dublin application at this time, here is all you need to know about the COVID related changes in the application process.

How Are Nursing Homes Operating The Fair Deal Nursing Home Scheme Dublin with New COVID Norms

Nursing Homes in Dublin that accepted residents under Fair Deal Scheme, before COVID-19, are still accepting new residents and working to get though with ongoing applications. The regular process has not changed much. There are some new guideliens been introduced lately, that apply for different phases of the application process, which is to ensure that the residents are not infected and to maintain a safe environment overall. 

Application, and Before Admission - After fulfilling the Care Needs and Financial Assessments, and getting a getting the funding, you need to go undergo a free COVID test.

Some residents may have to undergo 14-days quarantine at a hospital or nursing home based on their physical condition. And if they are COVID positive, they can only get admitted to the nursing home after they have recovered.

New guidelines for visitors are also being changed, and the Irish Government has imposed new visitor restrictions to Nursing Homes, wherein only 1 visitor is allowed per resident, which was earlier 4 visitors.

 Contact A Solicitor or Fair Deal Advisory

The Fair Deal Scheme is not a complex one, but for certain cases, the wheraouts get complicated. While you don’t really have any legal obligations or liabilities to appoint a solicitor or legal advisor as such, it is always helpful to consult with a solicitor beforehand who is proficient in handling different Fair Deal cases and can help families and individuals get through the process more easily and beneficially. One Fair Deal Advice in Dublin is one such establishment that dedicatedly works with Fair Deal applicants and is an independent firm, that will give you unbiased advisory that is only good for you and your loved one.