Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

JudyM

(29,537 posts)
27. As noted by Binkie above, get to the bank ASAP.
Wed Jan 8, 2020, 10:41 PM
Jan 2020

Also ensure that there are no other accounts or assets that may be lying dormant somewhere, while she can still credibly speak to the institution to give you co-ownership (preferred) or POA over them.

Most institutions make it much easier for you if you fill out their POA paperwork.
I had to bring the lawyer-prepared POA form to Bank of America on 3 occasions because despite their assurances, they kept getting it wrong and it wasn’t going through. Even though they’d faxed it to their legal dept the first time and said it was all set. On the 3rd visit my mother finally decided to cut through their crap and put me on her accounts as co-owner.

You might also want to have her on a joint phone call with her health care providers’ offices so they hear from her that she’s ok with your being privy to/managing her medical issues. They likely have their own office forms to list you on, as well, so they don’t have to get approval of your healthcare POA form from higher ups. Give them a copy of that POA, too.

Same as above for her health insurance company. And probably the life insurance, but I don’t have any experience with that. All I know is that every single entity she deals with has insisted that hoops be jumped through and I would’ve had a hell of a time if we didn’t start all of this while she’s still coherent.

Good luck, Ilsa. It’s a gift you’re giving by being there for her.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Does she have medicaid? Faux pas Jan 2020 #1
No, she has Medicare and Tricare for life as Ilsa Jan 2020 #9
Be advised that when the time comes... Binkie The Clown Jan 2020 #13
Thank you! That really is great news. nt Ilsa Jan 2020 #14
You're not hosed on long term care. If she has no other funds, she'd be Medicaid eligible. hedda_foil Jan 2020 #17
Ok, thanks. More good news. nt Ilsa Jan 2020 #20
My momma has Dementia RazBerryBeret Jan 2020 #26
She is also likely entitled to long-term care at a veteran's home Maru Kitteh Feb 2020 #31
Definitely get your names on her bank accounts Siwsan Jan 2020 #2
My husband is on both of them, Ilsa Jan 2020 #7
Did the neurologist suggest what could help slow down the process, by any chance? JudyM Jan 2020 #23
She was first diagnosed about 7 years ago. Siwsan Jan 2020 #24
The neurologist tried a couple of meds with my dad that didn't help JudyM Jan 2020 #28
This curse runs in my mother's family Siwsan Jan 2020 #30
You need a Durable Power of Attorney, which is a bit different from a Health Care POA in my state. Poeraria Jan 2020 #3
Thank you, I'll check for that. nt Ilsa Jan 2020 #6
Watch for UTI's. They will decompensate Phoenix61 Jan 2020 #4
Excelkent ideas about the UTI business. Ilsa Jan 2020 #5
... handmade34 Jan 2020 #8
Whether or not you freeze her credit, get that account closed. eppur_se_muova Jan 2020 #10
I feel for you... dhill926 Jan 2020 #11
My mom with dementia lived with me for 6 years. Binkie The Clown Jan 2020 #12
Seconding this advice. JudyM Jan 2020 #25
If there is a danger of her wandering, buy a couple of tracking devices like "Tile." 3Hotdogs Jan 2020 #15
Thank you for all of that. Sadly, the nearest Ilsa Jan 2020 #18
Each county is supposed to have a VA office. 3Hotdogs Jan 2020 #21
I recently saw this article and saved it babylonsister Jan 2020 #16
Thank you. nt Ilsa Jan 2020 #19
It's like the person is sliding down a hill, ginnyinWI Jan 2020 #22
As noted by Binkie above, get to the bank ASAP. JudyM Jan 2020 #27
If her husband was a veteran... dawg day Jan 2020 #29
Latest Discussions»Support Forums»Elder-caregivers»My live-in-the-basement M...»Reply #27