Hi, everyone.
My mom & stepdad are trying to get their affairs in order regarding LTC, nursing homes, funeral preplanning, etc. My mother is 57 & my stepdad is 74. They are being told various things by different local agents & I told them I wanted to ask here before they did anything.
I know they've been told that when my stepdad enters a nursing home, that she will definitely lose her house. ? & that they must liquidate down to $1500. Her major health issue is diabetes, while his is polio & open-heart surgery & hx of TIAs. It is only a matter of time before he does enter a nursing home. He is already on disability, due to post polio complications (he can barely walk).
I'm not even halfway through my life & health, so I'm not of much help to them. I'm just afraid they're going to sign something they don't understand and my mother will lose everything she's worked her entire life for.
Thanks in advance
Beth
My mom & stepdad are trying to get their affairs in order regarding LTC, nursing homes, funeral preplanning, etc. My mother is 57 & my stepdad is 74. They are being told various things by different local agents & I told them I wanted to ask here before they did anything.
I know they've been told that when my stepdad enters a nursing home, that she will definitely lose her house. ? & that they must liquidate down to $1500. Her major health issue is diabetes, while his is polio & open-heart surgery & hx of TIAs. It is only a matter of time before he does enter a nursing home. He is already on disability, due to post polio complications (he can barely walk).
I'm not even halfway through my life & health, so I'm not of much help to them. I'm just afraid they're going to sign something they don't understand and my mother will lose everything she's worked her entire life for.
Thanks in advance
Beth