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My mother is going into a care home. She owns a home and will have to sell it. She other assests as well. We are wondering what we can do to protect her assets and ensure that her rates at the care home will not be astronomical. Can we legally transfer some assets to family with no repercussions?
Janet P Winnipeg, MB

Her assets should be safe. Nursing home rates are set by the provinces ministry of health - they cannot charge based on assets - only according to the fee schedule - every province has a different formula. We have an article on our website - Nursing Home Rates across Canada - it was recently updated - have a look at it and you will get an idea of costs. Just make sure you have a power of attorney in case you need to manage her assets or she becomes incapable.


Esther
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