After Mark’s mother died, his father came to live near him in a supported living flat. Following a fall and a spell in hospital, Mark’s father was not able to return home and the family found a private care home they liked.
Before needing care, Mark’s father had a happy retirement living in Europe. When his wife died he moved back to England to be near his family and settled on a supported living apartment just 10 minutes’ walk from Mark. He bought the apartment and enjoyed the activities and companionship offered there. They also found that the warden was attentive and helpful. The family noticed their father was becoming more forgetful and this prompted them to arrange Lasting Powers of Attorney for finance and health and welfare.
Unfortunately, Mark’s father fell and broke his hip. After a short spell in hospital he was moved to a rehabilitation unit where he received physio. When he was discharged from hospital the family were told that his sheltered accommodation would no longer be suitable and he would need more care. Mark’s father spent 3 months in the rehabilitation unit which allowed the family time to sell the house and look for a suitable care home. Mark and his brother and sister found a private care home that they liked, it was expensive but they knew that their father had planned well for his retirement and could afford it.
Mark’s father had lived in the residential home for 2 years when Mark began to worry what would happen if the money ran out and he could no longer pay. At this point Mark’s father was aged 90 but, aside from his declining dementia, was very healthy. The care home recommended a financial arrangement called an immediate needs annuity. The family decided to look into it. Mark had a friend who knew about later life care plans and helped him find the right plan for his father. They paid a lump sum for the immediate needs annuity. Mark’s father had pensions and Attendance Allowance which covered about half of the fees so they arranged for the annuity to pay the rest. This meant the family could be confident that the money would not run out. They had worried that if he could no longer pay the home fees he would have to move to a different home which the family did not want because their father was happy there.
Interviewed online due to 2020 COVID-19 restrictions.