This compensation would either be paid to me or to an outside agency to provide medical care. As previously stated, my compensation is lower than what would be paid if mom were in an Assisted Living Facility. The $48,000/yr is fair and equitable compensation at this point in time. The lawyers feel that $1000 should go to groceries, telephone, gas, etc. The other $3000 will be considered rental income. The breakdown of 1000/3000 is done for tax purposes.
Summers are spent at the aging parent's summer home where all food is paid for by the elderly parent. And the care giver works full-time from Sept. - June at another job so the aging parent mostly stays by herself.