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My partner has Alzheimer's disease - he is 73 and I expect he will need full time residential care by the time he is 75
I have therefore looking at his savings and income including pensions and looking at potential care costs
At a rough guess he will have enough savings to pay for his care for 6 years max
We are tenants in common in our home and have no mortgage - his share of the house if sold would pay for another 8 years of care
Once his savings are used up does the local council pay the difference and then take a charge out on how much we owe once we sell our house should he die whilst in care or do I have to sell our house once his savings run out to release capital to pay the care costs and look for a smaller home for myself ?
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