"You may have to step in on the financial side by paying the bills, but still let them pay the bills, using a duplicate "play" checkbook. You also can set up automatic bill payments that are deducted from their bank account, taking away the option of mailing a check."
How do you do this? My dad's bills are a mess but he hasn't let me help him with it in the last 10 years of trying. He could have been debt free by now and not still working at 80 with probable alzheimer's. I have POA but I think it was only over medical decisions...
My mom signed a durable power of attorney years ago. Now that I have to use it, she goes to the banks and revokes it. SHe has done this twice, and the bank is going along with her. I've put a call in to the lawyer that drew it up, no response yet. But shouldn't banks be aware of what a durable poa is meant to do?
My mnl has a lawyer and her son my husband got her to up-date her Will with him, me and a close relative for the house she owns. However, we swapped houses to live in years ago with her request when her husband passed. She thought we should have a bigger house. We live in her house and she WAS living in our house, however, since the mild AZ incidents we had her move back over to her original house with us which she don't remember she use to live here sometimes. Anyway, do you think the way the will is set-up that it is fine before her memory gets too worse years later? The close relative is no problem for she is a very good religous person. The reason for the up-date of her Will was because of relative we couldn't trust so we had her taken off.
Second she draws Medicare retirement and it goes directly into her bank account which she had her son-my hubby put his name as well to help monitor her money. We had a relative that took advantage of her and spent all of her IRA savings around 30g's. That relative is no longer welcome.
My mnl never changed her address when we swapped houses because the house is just across the street. So now she is living back in her own house but with us. Should we for any reason call Medicare to inform them she was diagnosed with AZ or just leave it alone. Right now my husband gets her money out if she wants to spend it on anything when we go shopping so that she has some money and that way she has some indepence feeling too. However, what she don't spend she tend to lose it in her room but, it better than letting that selfish relative that we had hanging around that was supposely helping her. That just burns me up every time I think a relative can even do that to another relative. Inaddition to taking money out of her account, we also take some out when we get her monthly medicine and some medical bills but that is about it. Should we be keeping records of what we take out for her and what is spent on bills for further reference down the road. We cannot file for 2011 taxes on her for she has only been living with us since Septmember.
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Giving Up Control When You Have Alzheimer's Isn't Easy
How do you do this? My dad's bills are a mess but he hasn't let me help him with it in the last 10 years of trying. He could have been debt free by now and not still working at 80 with probable alzheimer's. I have POA but I think it was only over medical decisions...
Second she draws Medicare retirement and it goes directly into her bank account which she had her son-my hubby put his name as well to help monitor her money. We had a relative that took advantage of her and spent all of her IRA savings around 30g's. That relative is no longer welcome.
My mnl never changed her address when we swapped houses because the house is just across the street. So now she is living back in her own house but with us.
Should we for any reason call Medicare to inform them she was diagnosed with AZ or just leave it alone. Right now my husband gets her money out if she wants to spend it on anything when we go shopping so that she has some money and that way she has some indepence feeling too. However, what she don't spend she tend to lose it in her room but, it better than letting that selfish relative that we had hanging around that was supposely helping her. That just burns me up every time I think a relative can even do that to another relative.
Inaddition to taking money out of her account, we also take some out when we get her monthly medicine and some medical bills but that is about it. Should we be keeping records of what we take out for her and what is spent on bills for further reference down the road. We cannot file for 2011 taxes on her for she has only been living with us since Septmember.