Dad, 91, has never asked me to plan for his estate before. To me that's his responsibility. He had gone to see his banker wanting to find a way that I can pay the bills and mortgage while I'm settling his estate.
Best thing I come up with is to make his checking acct (that all his bills and mortgage are autopaid from) and his savings, joint accounts with my name on them. He says that doesn't work because when Mom passed he had to wait to access her accts that he says were joint. We are in Texas. But I googled it and every article says that with a Joint acct when one person passes the other person retains full and sole ownership of the acct. This would solve the issue.
I have lived at home for 3 years and helped take care of them, Mom passing in April. His wish is that when he passes I'd be able to stay here until the estate is settled without spending my own money, I can't afford to be here on my own to be honest.
So do I understand this properly?