Assets: Nursing home risk - when you have to pay for your parents
If the social services department pays for the nursing home, children are held liable. However, the rights of the department are limited and a new ruling allows less time for the reclaiming of monetary gifts.
In Germany, the financial burden on families for elderly care is set to increase. The CDU Economic Council is demanding that the monthly co-payment for nursing home residents be raised as part of the nursing care reform. Currently, the average co-payment is €3,364 per month, and many residents in North Rhine-Westphalia rely on social assistance to cover these costs.
Children of care recipients may be required to contribute to their parents' care costs if they have sufficient income or assets, and social authorities can also try to reclaim gifts made to them by their parents. A recent Federal Court of Finance ruling limits the timeframe for social authorities to reclaim gifts, requiring them to do so within three years of the care recipient's impoverishment.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
