Anonymous wrote:Anonymous wrote:Anonymous wrote:Is there a continuous care component to this Over 55 community?
No. Ugh. And the rep says that signing this is not optional and they say they won’t talk to his lawyer to clarify the terms. I
Had to three estate lawyers mine and two others in my uncle’s state review it. (I left messages for a couple and they both responded.) They said that the wording is too ambiguous to tell if I’ll be liable for expenses if my uncle cannot pay.
My uncle doesn’t understand why they are asking me to sign anything when he has a “springboard” PoA that takes effect if he’s incapacitated.
We have a sh!tty ambiguous contract that you have to sign
uh, no thanks?
Anonymous wrote:I should also add that the paper the IL facility wants my and me to sign is to make him his personal representative, which seems like it would get messy with the springboard PoA already set up.
The rep says it’s to make sure that if my uncle is in the hospital when rent comes due that I’ll make sure the rent is paid. But that seems like the POA would already cover that.
Complicating matter is that my uncle decided to seek his house before signing the lease and moving in. The house sale is already at the inspection phase.
My uncle supposedly has plenty of money — but one never knows how much may be left in the future. There could be nothing left. He could be scammed. He could injury someone while driving.
Anonymous wrote:If you sign, write in that you are signing solely “as agent for x”.
If x outlives his/her funds, then they can’t come after you for payment.
Anonymous wrote:Not a lawyer, but when we went through this we made sure we were not *personally signing our names. Make clear you are signing as POA.
https://www.legalzoom.com/articles/how-to-sign-a-power-of-attorney-document-for-someone
Anonymous wrote:Anonymous wrote:Is there a continuous care component to this Over 55 community?
No. Ugh. And the rep says that signing this is not optional and they say they won’t talk to his lawyer to clarify the terms. I
Had to three estate lawyers mine and two others in my uncle’s state review it. (I left messages for a couple and they both responded.) They said that the wording is too ambiguous to tell if I’ll be liable for expenses if my uncle cannot pay.
My uncle doesn’t understand why they are asking me to sign anything when he has a “springboard” PoA that takes effect if he’s incapacitated.
Anonymous wrote:I read this to mean that if you gain control of your father's assets you agree to keep paying from those assets as is your fiduciary responsibility. I don't read this to make you personally liable but its worth asking the Independent Living place and get your lawyer's opinion.
Anonymous wrote:Is there a continuous care component to this Over 55 community?