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Eldercare
Reply to "Elder attorney told family that memory care is a scam"
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[quote=Anonymous]OP we had a similar experience with my parents' financial planner. Guy spent 30 minutes telling my mom that memory care was a scam and unreliable but then he didn't even offer an alternate suggestion. Just told her to talk to an elder care attorney to figure out Medicaid eligibility. And I'd bet a million dollars that he gets kick backs from the attorney for references. They're all a bunch of slime balls who don't understand the reality of elder care. It's all just numbers on a screen. When I previously brought up that my parents don't have enough money to cover extensive memory care or skilled nursing (my grandma's side of the family all had dementia), he brushed it off saying "most people don't live long once they reach that stage." Which may be true, but hoping to die quickly is not what I want them to base their financial decisions on.[/quote]
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