So I just opened a bank account for my Dad. If he has money issues from the past will this haunt me?
It is his account and I am joint just if I need to access it. They had money issues all the time. There are none that I am aware of but also what about going forward? Medical, nursing etc?
I don't think you should put the truck in your name - If he gets Medicaid, this would be considered a gift and would be in their "look back" period for five years.
He has no assets except for a car, I am taking his truck in my name. He had no house only his belongings, no savings only SS. SO nothing to come after. He declared bankruptcy a few years ago, I shredded most of those docs (I could not have 400 pounds of paper floating around).
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