"Spending down assets" and the years of "lookback"

[Anonymous]

Anonymous wrote:
The solution is getting them a dementia diagnosis, so all can be explained.

That was my first thought as well. Because it’s so apparent that the person is t thinking clearly anymore.

Regarding filial laws - I am actually shocked that these exist. I don’t live in a state that has filial laws but it just never occurred to me that a state could enact such a law. I guess I am naive, I should know by now that states sometimes have absolutely insane laws.

[Anonymous]

Anonymous wrote:

Anonymous wrote:The look back is 5 years. When did your parent give away the money? Did they have a history of regular giving for a long period of time? What state are they in?

OP here

Just in the last couple years. It's not large amounts, but many many small amounts that add up--$150 to this political candidate, $35 to that political cause, but 100+ times a day! In California.

If you live in CA, then I think the correct term would be MediCal vs. Medicaid.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The look back is 5 years. When did your parent give away the money? Did they have a history of regular giving for a long period of time? What state are they in?

OP here

Just in the last couple years. It's not large amounts, but many many small amounts that add up--$150 to this political candidate, $35 to that political cause, but 100+ times a day! In California.

If you live in CA, then I think the correct term would be MediCal vs. Medicaid.

Thanks. I'm not in CA, just my parents are. I live in Northern Virginia

[Anonymous]

Anonymous wrote:

Anonymous wrote:
The solution is getting them a dementia diagnosis, so all can be explained.

That was my first thought as well. Because it’s so apparent that the person is t thinking clearly anymore.

Regarding filial laws - I am actually shocked that these exist. I don’t live in a state that has filial laws but it just never occurred to me that a state could enact such a law. I guess I am naive, I should know by now that states sometimes have absolutely insane laws.

Filial responsibility laws are outrageous and a sign of a failed healthcare system. My parents were abusive and neglectful- I would go to jail before I would use my kid's college fund to pay for their elder care or ruin my life letting them live with me. No way.