Liquidating assets for nursing home ghost singles dating website

29-Jul-2017 09:02

Have her attorney or financial planner set up a plan by which you are paid a salary from her assets if she has any.4.

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Ask them: What are their resources and liquid assets should they need care? Who are the beneficiaries of life insurance policies, annuities and retirement accounts?

Can I get paid by Medicare or reimbursed by the state for being her live-in caregiver?

A: "Medicare does not pay anything to family caregivers for home-provided care, particularly the kind of custodial care needed by people with dementia or Alzheimer's disease," says Labowitz.

If you need the income, however, there are ways you may be able to get paid:1.

If your mother has low income and few assets, she may qualify for a program called Cash & Counseling that is offered in 15 states to Medicaid recipients who receive would pay her directly for some of her caregiving, and she could then use that money to pay you. Become a Certified Nursing Assistant (CNA certification is available through some adult education and community colleges, and is a very short course of study) and work for an agency that services patients with special needs for which your mother may qualify.3.

Ask them: What are their resources and liquid assets should they need care? Who are the beneficiaries of life insurance policies, annuities and retirement accounts?

Can I get paid by Medicare or reimbursed by the state for being her live-in caregiver?

A: "Medicare does not pay anything to family caregivers for home-provided care, particularly the kind of custodial care needed by people with dementia or Alzheimer's disease," says Labowitz.

If you need the income, however, there are ways you may be able to get paid:1.

If your mother has low income and few assets, she may qualify for a program called Cash & Counseling that is offered in 15 states to Medicaid recipients who receive would pay her directly for some of her caregiving, and she could then use that money to pay you. Become a Certified Nursing Assistant (CNA certification is available through some adult education and community colleges, and is a very short course of study) and work for an agency that services patients with special needs for which your mother may qualify.3.

Then, should your parents become unable to manage their financial affairs, you and your siblings would make decisions for them, liquidating their resources as necessary to pay their medical costs.