Alzheimers and POA
My mom has alzheimers and although i have a health care proxy for her i don't have a power of attorney. Recently my dad said he should transfer the condo to me (they both have medicare and masshealth and my mom just went in a nursing home 7 months ago)... can he do this if they jointly own the condo? He read that the condo can be transferred to me without penalty cause i was taking care of my mom for over 2 years before she went into the home.
Also, how do i get power of attorney for someone who is always competent to sign something like that? Is it too late to do that? Are there any other options?
Re: Alzheimers and POA
What your father is proposing to do requires very technical analysis and may effect your father's future benefits. I would suggest you meet with an Elder Law attorney and provide him or her with all the relevant facts. At that stage, he or she can advise you the best way to preserve your parents assets home and other assets without violating the law or advesely impacting anyone's benefits.
As to the POA, your mother is not competent to sign one, so you cannot get one. If your father has a DPOA for your mother, he can authorize you to handle certain affairs for her now.
You should get a DPOA for your father while he is competent.
Please feel free to contact me if you have anyother questions.
Re: Alzheimers and POA
What your father is proposing to do requires very technical analysis and may effect your father's future benefits. I would suggest you meet with an Elder Law attorney and provide him or her with all the relevant facts. At that stage, he or she can advise you the best way to preserve your parents assets home and other assets without violating the law or advesely impacting anyone's benefits.
As to the POA, your mother is not competent to sign one, so you cannot get one. If your father has a DPOA for your mother, he can authorize you to handle certain affairs for her now.
You should get a DPOA for your father while he is competent.
Please feel free to contact me if you have anyother questions.
Re: Alzheimers and POA
What your father is proposing to do requires very technical analysis and may effect your father's future benefits. I would suggest you meet with an Elder Law attorney and provide him or her with all the relevant facts. At that stage, he or she can advise you the best way to preserve your parents assets home and other assets without violating the law or advesely impacting anyone's benefits.
As to the POA, your mother is not competent to sign one, so you cannot get one. If your father has a DPOA for your mother, he can authorize you to handle certain affairs for her now.
You should get a DPOA for your father while he is competent.
Please feel free to contact me if you have anyother questions.
