I am not saying her last days should be a source of cash An agreement will do two things: Ease your financial pain. Spend down her money legally.If she is headed for NH anyway and will eventually go on medicaid, why give it to the feds? Either you get or they get it. Your choice.
I am the Fiduciary for my mother's VA benefits and the money MUST be used for her care. You would need to consult an elder law attorney to see how to draw up papers so the money could be paid to you as rent. My mother is in assisted living so I have to show that all the money is paid to her facility.
Yes as long as its not high er then most borders pay and its agreeable by her while fitting in her income food lodging travel if you drive her to hair dressers and so on doctor but be as low as you can as they are home to be loved and enjoy there last days not be a big sourse of cash for family if you can live with out the rent great if not try to go at a low rate
Go see an elder law attny and get a room and board agreement drawn up. You will have to do some research and find some comparable rooms for rent in your area. You will have to print out that info and take a median figure. Having your mom in your house will increase water, elec, gas and consumables such and paper products, detergent, food, etc. She could even pay a proportion of you mortgage/rent. Don't even think of trying to get paid for your time as a care giver. Just be happy with this agreement as it will make your life easier. Getting paid for your time requires more paperwork than I think most people are prepared to do. A room and board agreement written up by an estate/elder law attny will hold up under medicaid lookback.
I would consult an elder law attorney who has experience with VA benefits and see about getting a caregiver agreement drawn up. In a Fiduciary capacity you will want to consult an attorney.
An agreement will do two things:
Ease your financial pain.
Spend down her money legally.If she is headed for NH anyway and will eventually go on medicaid, why give it to the feds? Either you get or they get it. Your choice.
You will have to do some research and find some comparable rooms for rent in your area. You will have to print out that info and take a median figure.
Having your mom in your house will increase water, elec, gas and consumables such and paper products, detergent, food, etc. She could even pay a proportion of you mortgage/rent.
Don't even think of trying to get paid for your time as a care giver. Just be happy with this agreement as it will make your life easier. Getting paid for your time requires more paperwork than I think most people are prepared to do.
A room and board agreement written up by an estate/elder law attny will hold up under medicaid lookback.