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I have been taking care of my sister, 71, for six months. We were roommates and still are. She is in Hospice care, so some of her needs are met by this, but I basically do everything else. There are no other family members to assist in any way. I handle her finances now, and I've been paying myself a monthly fee. She also pays for household expenses, which we previously shared equally. I have just learned of the Personal Care Agreement, and I think I'm six months too late? Shall I do one now, and hope for the best with Medicaid (California) down the road? Must it be notarized? Maybe it could just be witnessed by two non-family adults? My sister cannot leave the house, so I'd have to pay a Notary to come over, if this is required. Neither one of us has much money to spare, although she's got quite a bit more than me. I'm muddling along... any advice would be most welcome.

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I don't see where she will last long enough for you to execute a Care Agreement. It can't be made retroactive (per Medicaid). So even if you did one today, Medicaid will still look back five years and impose a gift penalty.
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Mary, I will keep you in my prayers. Been there. It's not easy.
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That makes sense, Pamstegma. I appreciate the response. I see Medicaid down the road, as I am feeling very burnt out as a caregiver. I will be 74 soon, and I didn't anticipate this being the way I spend what's left of my time here! I'm pretty healthy so far, but the stress is getting to me. I think I need to join the burnout discussion!
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