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Eldercare
Reply to "The Elderly Parent Marathon - is this the new norm?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I've found the Power of Attorney docs to be life savers. My parents signed them right before they slipped into dementia. I think I had a guardian angel watching over me-- there was a meeting with the financial planner at the house. I was on speaker-phone (my parents kept forgetting I was and then would be newly surprised to be hear my voice). The local town attorney showed up with the POA docs that had been drafted earlier, and next thing you know my parents were signing and the others were witnessing. These docs have been amazing. My parents have assets but cannot manage them. With the POAs I have been able to move them to a retirement place with assisted care, sell the house, pay bills and about a hundred other things, like file taxes for them. You can't do a thing with POA. OTOH, it's so exhausting to be in charge of all of this stuff. I get more mail for them than I do for myself. Running their lives takes more paperwork than my own. [/quote] The nursing home my MIL was at refused the POA - legal guardianship was our lifesaver. [/quote] [b]Probably because legal guardians are on the hook for all the bills[/b]. [/quote] +1 DH was sued by a care provider for the cost of caring for his father. He had a POA and not legal guardianship. We had to pay an attorney to represent DH, offered to settle for the amount we would have spent at trial but the company refused. The judge found in our favor but we still had to pay $$ in legal fees. It sucked.[/quote]
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