Ok so just wondering if anyone has any advice on this. Mother and father in law both in their 70's and in poor health, live in privately rented accomodation. They have approached my wife asking her if she will open an account in her name that they can then transfer a chunk of their savings into. Just to be clear this isn't a gift to my wife, they are wanting to remove savings in case anything happens to them health wise and the government come after them to pay for their care. They are asking my wife and i to set up a joint account but for them to have the cards etc.. so in effect it would be their account but in our name and they would continue to add and remove funds as required, looking at £35k+. To confuse matters they also have a son who is disabled and on benefits, he won't open an account or accept any cash into his account as it would affect his benefits. We obviously want to help and are getting pressure do put this in place as quickly as possible but i can see this becoming a real mess further down the line. We are being told that they could "gift £3k per year to both me and my wife each year and also backdate this by one year. As such by January there could be £18k gifted, the trouble being that we would not want this going into our regular account. Anyone any advice on how to go about this.