If my dementia parent gives me $750 for reimbursement for her living expenses food, housing, travel etc. do I have to document everything I spend monthly and if so how does one calculate how much of my monthly living expenses are her portion?
Maybe you could draw up a "lease" that states room and board for $750 per month. Have your Mom sign this lease [if she is able to understand what she is signing]. You might want to do an estimate on the cost, such as $300 for the room, $250 for groceries, $50 for mileage, etc. and attach it to the lease.
For myself, I have co-signing ability on my Dad's checking account, thus I can pay any bills he has. But the bill for caregivers comes out of my own checking account because it was always an effort to get Dad to maintain a good balance in his own checking, and I didn't want those checks to bounce. Thus whenever my Dad did finally transfer more funds into checking, I would write myself a check for "reimbursement". I keep a 3-ring binder with a running tab with copies of the bills.
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For myself, I have co-signing ability on my Dad's checking account, thus I can pay any bills he has. But the bill for caregivers comes out of my own checking account because it was always an effort to get Dad to maintain a good balance in his own checking, and I didn't want those checks to bounce. Thus whenever my Dad did finally transfer more funds into checking, I would write myself a check for "reimbursement". I keep a 3-ring binder with a running tab with copies of the bills.