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Reged: 09/20/03
Posts: 1380
Loc: San Antonio, TX
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Re: assisted living
11/13/14 06:43 PM

> wow serious post for a change.
> So we're looking for an assisted living place for my dad.
> Have to fill out a form for the first place. Asks lots of questions about bank
> account balances, CDs, etc.
> Should we be moving his savings elsewhere or is it too late for that at this point?
> I know for nursing homes they have the 5-year look back thing.

On March 17th I moved my dad down to Texas from the Chicago area. Unfortunately he only lived until August 25th. But here are a few suggestions.

-- if possible do NOT use any of your own money, save it for yourself and your own future.

-- get as many things accomplished while your loved one still has their mental state and hopefully they are cooperative.

-- if they are losing their mind don't let them have access to a phone or else all of your hard work could be easily undone if any particular company calls them.

-- if they are on Medicare make sure they have supplemental insurance.

-- if you are moving them get the address changed to your house, NOT to the facility that you put them in.

-- get a lawyer and an accountant and a finance guy.
-- get a strong Power of Attorney, a Will, a Living Will.
-- get joint tenancy on all accounts and investments.
-- make a list of all assets and rank them by liquidity.

-- check with your local chamber of commerce for places and services.


-- look for local social workers and/or services.

-- if they are sickly, look into hospice care. Medicare will pay if they qualify.

-- most assisted living places do NOT take Medicare or Medicaid.

Entire thread
Subject Posted by Posted on
* assisted living Andrew 11/12/14 07:29 AM
. * Re: assisted living PokeMAME  11/13/14 06:43 PM
. * Re: assisted living Andrew  11/15/14 09:58 PM
. * Re: assisted living DMala  11/17/14 09:33 AM
. * Re: assisted living Traso  11/24/14 01:28 AM

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