I have been taking care of my father with Parkinson's disease and dementia on and off the past 2 years. He's been back and forth between his house and mine, but mostly at my house the past 2 years. Sadly he has deteriorated rapidly during this time. He's now at my house permanently as he can no longer live alone. He's divorced, I'm the only child, and I'm married. I'm his POA. Unfortunately I have no other family in the area to help other than my wife who has been very supportive. My wife and I are young professionals and both work full time, although I've been rather flakey at work the past few years for obvious reasons. Thankfully I have a very family oriented employer that's been flexible and even allowed me to do some work from home. However I have started to realize that I'm not going to be able to keep this up forever as I believe my father will need round the clock care soon. I want to take care of him as long as I can, but I worry about the financial impact on my wife and I. We can't live on her income alone, we have a mortgage, student loans, and to hire someone would cost far more than my salary. My father has very little savings currently, but after the sale of his house that would change. I've been reading about caregiver agreements and I think this would be a good option given the situation. I've also read that it may be possible for him to purchase a life estate in my home and not disqualify medicaid as long as he stayed there at least a year. I would plan to keep him with me as long as possible (e.g. his assets ran out and I had to start working again or the situation became unsafe). Has anyone setup something similar or have any insight? I don't want to do anything that could potentially disqualify him for medicaid in the future. I'm planning to consult with an elder law attorney soon, but thought I'd reach out to this forum first. Both my father and I live in Florida.