earlofcrankcase
Member
Snowey's mother-in-law CANNOT revoke a POA. Snowey's MIL is INCOMPETENT!!!!
Where does it say she has been deemed incompetent?
Guardians are NOT responsible for the legal fees of wards, unless they choose to be. Because the ward & the ward's property is under the scrunity of the court, a guardian MUST have court authorization (via a court order) to do certain things on behalf of the ward.
A fee to the ward is a fee to the estate. Why would anyone want the court scrutinizing the estate? Why have this added legal hassle of petitioning the court every time they turn around & have mom pay for the pleasure too?
I see the need if you are going to put her in a ALF. Because a corrupt ALF could do so if there is not one in place.
The court will absolutely love Snowey's husband putting his mother's money in HIS name.
& your suggestion is?
Oops sorry I forgot. You like to answer questions with more questions.
The only court that will be loving this is the probate court unless a guardianship is drawn up.
You need to have mom's name attached to the funds because the likelihood of the ALF being corrupt is slim. & This could easily be misconstrued as fraud.
She can give away $12000 a year. Provided you have not paid to have her deemed incompetent with this guardian stuff. You could use this to move the money into a CD for her with no worries. The LTHC insurance will buy you all the time you need for this. So take your time to decide but remember for every 117.08 gifted her eligibility for Midicad is put back one day. IE: $12000.00 gifted means she is ineligible for 103 days.
Furthermore, depending on the amount of money THAT NEEDS TO BE IN A GUARDIANSHIP ACCOUNT, all the money in a CD is NOT an intelligent thing to do.
I agree with you on this. If they go with a guardianship they will need to set aside a portion of the estate to pay for this. Set aside a lot of time too.
Oh, brother....please tell me how Snowey's husband can have Social Security send him his mother's SS money with a POA, earl.
Once again your comprehension skills have failed you. My statement was that these funds should be enough to not need the funds from the home. Not what you have spazed it into.
As for me my mom's check goes in her account & I write checks against it. I brought my mom & the dpoa papers to the bank prior to doing this & have never had a problem so far.
Where does it say she has been deemed incompetent?
Guardians are NOT responsible for the legal fees of wards, unless they choose to be. Because the ward & the ward's property is under the scrunity of the court, a guardian MUST have court authorization (via a court order) to do certain things on behalf of the ward.
A fee to the ward is a fee to the estate. Why would anyone want the court scrutinizing the estate? Why have this added legal hassle of petitioning the court every time they turn around & have mom pay for the pleasure too?
I see the need if you are going to put her in a ALF. Because a corrupt ALF could do so if there is not one in place.
The court will absolutely love Snowey's husband putting his mother's money in HIS name.
& your suggestion is?
Oops sorry I forgot. You like to answer questions with more questions.
The only court that will be loving this is the probate court unless a guardianship is drawn up.
You need to have mom's name attached to the funds because the likelihood of the ALF being corrupt is slim. & This could easily be misconstrued as fraud.
She can give away $12000 a year. Provided you have not paid to have her deemed incompetent with this guardian stuff. You could use this to move the money into a CD for her with no worries. The LTHC insurance will buy you all the time you need for this. So take your time to decide but remember for every 117.08 gifted her eligibility for Midicad is put back one day. IE: $12000.00 gifted means she is ineligible for 103 days.
Furthermore, depending on the amount of money THAT NEEDS TO BE IN A GUARDIANSHIP ACCOUNT, all the money in a CD is NOT an intelligent thing to do.
I agree with you on this. If they go with a guardianship they will need to set aside a portion of the estate to pay for this. Set aside a lot of time too.
Oh, brother....please tell me how Snowey's husband can have Social Security send him his mother's SS money with a POA, earl.
Once again your comprehension skills have failed you. My statement was that these funds should be enough to not need the funds from the home. Not what you have spazed it into.
As for me my mom's check goes in her account & I write checks against it. I brought my mom & the dpoa papers to the bank prior to doing this & have never had a problem so far.
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