My Mom is not eligible for state aid. I am a retired AF Medic, CCMA with other care-giving experience, so it makes sense for me to provide her care. We want to preserve her assets for as long as possible, legally. She is mentally competent, but gets confused at times (will forget to call for help and try to get out of bed even though she cannot walk alone, a bit of ST memory loss). Since this prevents her from appropriately 'directing' me in my duties I am required to care for her as I deem necessary, in her best interest, at any time day or night. I think I can be an Independant Contractor for compensation (I will not be able to work another job) and I would be able to set much of that income aside in an account for her future enjoyment, hopefully. We will also rent her room out to her (recommended by a Tax Advisor) and set that portion aside. Would we complete a Caregiver Contract and both just file as employer/1099 at tax time, or is there more to know? We're in Texas. Thanx So Much.