I'm a caretaker for a 93 year old woman who has been bed bound and almost vegetative for 10+ years. I've been caring for her for the past 3.5 years. My dad is her POA and medical proxy. I posted in the caregiver burnout thread yesterday explaining the basics of my life.
I have a current situation that has to be decided in the next few weeks.
About 8 years ago, he had to get a reverse mortgage for her care since she needs 24 hour help. That money was exhausted and now she's on Medicaid. In 2013, he cashed out the last of her stocks, when he filed the 2014 taxes the capital gains made her ineligible for the senior citizen property tax credit. He wasn't aware of the income limits and thought a senior credit was based on age only. So the 2015 property and school taxes were 9k instead of 4K. Obviously, the tax people don't care and it's his ignorance so it is what it is. They won't accept partial payment so it hasn't been paid. After October 1, a lien will be placed on the house. The current balance is 10k, he has 6k. I'm able to loan her/him (if she passed) the rest. I'm not worried about getting repaid. My dad would pay me back for sure. The only thing I'm wondering is if we should or shouldn't pay it? Due to her health, it's really impossible to know if she's going to live 6 months or 3+ years. I felt like we should pay since the lien will likely be reported to the mortgage company and put her in default. It would be terrible to be put out in the winter, etcetera. However, I would also feel awful if she did pass in the next 6-9 months and my dad had to repay me for no house. I guess I'm asking if anyone knows how to best proceed? I've never known anyone who had a RM or unpaid taxes so I have no frame of reference except what I've read up on. Has anyone had a relative in this situation and/or passed away with unpaid taxes and a RM. It's champion mortgage iirc.
Nasmir, please don't reply. Thanks