Might I ask why they are considering this move and could it be put on hold for a while ?
Stephend0890 wrote:old age and with caring requirements a possibility there looking into ways of protecting the house should they need to go into a home and with the costs don't want or have to sell the house, i believe a lot of people do this? after all i will have to tell them not to do it as i would then have to declare it to my iva and face losing it...
A lot of people try this -- but it doesn't always work as intended as these transactions can be set aside if the local authority feel it was to avoid care fees. I would suggest that they take legal advice before doing anything (regardless of the IVA position). Maybe Age Concern or CAB can advise.
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