My Mom (82) living on her own and in good health. Home/finances still in her name. What should I do?

Question

L

lhaynes Asked February 2015

My Mom (82) living on her own and in good health. Home/finances still in her name. What should I do?

I am POA and on her checking acct. She does have mutual funds and some investments. Who's the best person to get answers from regarding securing some of her assets before she gets ill or needs a nursing facility?

Financial Planning

4 Answers

Most
Helpful Newest
First Oldest
First

Recent Questions

What if your father’s income is over the limit for the VA’s financial resources due to his spouse's income? Can he still get financial help?
Can a spouse sell the house on their own?
Does my mother need to continue to pay a past medical bill?

Related Questions

score 0 · Answer 1

Great time to set up a trust if your mother is willing. There are a myriad of considerations and I applaud you for your forethought.
Yes you will need an attorney for a will, DPOA, trust, benefits etc. You have much homework to do in preparation for situations you will inevitably encounter.
My hat's off to you for doing this now. Smart cookie.

Helpful Answer (0)