Is it okay that I transfer the approved budgeted monthly amount into our joint account to pay debts?

Follow
Share

I am the guardian of my husband. I set up the blocked account but we also have a joint account. We live in Nevada a community property state. I am also his caretaker and now I am not able to work because I need to care for my husband 24/7 with his disability. How am I going to survive and take care of my own debts if I cannot work any more?

This question has been closed for answers. Ask a New Question.
Find Care & Housing
8

Answers

Show:
If a veteran, Aid and Attendance may help. Also, Meals on Wheels, your regional Area Agency in Aging.
Helpful Answer (0)
Report

tamster: When I read your heading, if you will, it didn't seem to jive with the solution I believe that you're looking for. #1 Your ages?, #2 Are you drawing on social security?, #3 Are you Medicare eligible?, #4 Do you have sources of income that will carry you out, just for starters? You will have to be pulling in some source of income, UNLESS you and he are both elderly. Even so, NH's and AL's can eat up funds quickly.
Helpful Answer (1)
Report

As others have mentioned here, definitely see an elder care lawyer. I'm not sure what the laws are on this kind of situation, but you'll definitely want to apply for some kind of help if you can no longer work. You don't want to live off the person you're taking care of, this to me just doesn't seem right, and if it doesn't seem right it's probably not. Definitely explore your options and get your own income. I'm not sure what you used to do for work, but if it used to be physically demanding, perhaps you could look into a less physically demanding job such as an office job that allows you to sit at a desk. This is just a thought
Helpful Answer (1)
Report

Things are not always what they seem. Be very careful, this is from experience - not as a professional. Keep every receipt, do exactly what the law requires do not waiver in the deposits or bill paying, if you are able hire an outside firm to handle this. Make sure you watch out for yourself, it seems selfish but it's not, it is common sense. It is necessary. Even the people you think will be there for you - may flee, so keep solid ground for yourself. I am talking financially and emotionally. Also, take care of your own health and emotional state. God bless you in this journey. Doc
Helpful Answer (0)
Report

See an elder attorney . most states have different laws but your age matters and if he is on medicade They have to leave money to live on.Too complex to do on your own
Helpful Answer (2)
Report

I did this for my husband.
Any bills that were "his" to pay or any money used for him I wrote checks for and reimbursed myself from his account.
You need to keep receipts for EVERYTHING so you can show the court that the money was used for him.
Is there a chance your husband is a Veteran?
There is a program called VIP (Veterans In Place) and your husband is assessed as to how much help he needs. A budget is set and you can use that money to pay for a caregiver. Unfortunately you can not pay yourself but you can pay a son or daughter or a friend. But that might give you a few hours most days that you might pick up a part time job or at least it will free up the money used for his care now.
I could not do an automatic transfer on the Guardianship account I had to go to the bank to make any transfers from "his" account to my account. It is set this way so that there, supposedly, is more security on the account and it is not drained electronically.
All I can say is it sucks being your spouses guardian. I can understand if it is a relative, a friend but the restrictions for a spouse is delicious. Good lesson for everyone that does not yet have POA's established prior to diagnosis.
Helpful Answer (1)
Report

I looked up "blocked account, wasn't familiar with the term. It said, "A blocked account is a bank or other account created by court order, requiring a court order to deposit or withdraw funds." I assume that if you have a court order, you can deposit the check wherever you want, but I would check with the banks involved. Ask the bank.
Helpful Answer (2)
Report

Unless you have sufficient wealth tucked away, this is not a feasible situation. Going indefinitely without income is not something most of us can do.
Helpful Answer (1)
Report

This question has been closed for answers. Ask a New Question.
Related
Questions