I own my own home and my 61 year old son lives with me. I am worried that he will be made homeless if I need to go into a care home.
The key issue here is your son’s age. The value of your home is excluded from the local authority means test it is occupied by a relative over the age of 60, even if they do not own part of the property, as long as it is their primary residence.
You will not be required to sell your home or use its value to support your care costs and so your son will not be forced to move out.
It is worth remembering that your income would not be available to help with the running expenses of the property as you will be using this to fund your care. Your son may struggle to meet all the house expenses on his own and so may need to claim state help.
If he does move out of the property, the exemption will be lost and the value of your home will then be taken into account for your own care funding.
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