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Sounds like I am hearing a possible contesting of the will on the possible basis that it was changed when your dad was not competent to change his will? Has the will been changed? Were you aware of a previous will or have a copy of a previous will that was made when your dad was still competent? Has your dad ever been declared incompetent by a doctor or by a judge? If he's not ever been declared incompetent, then he can sign anything he wants to.
I'm with cornflakes, your dad's the one needing protecting from the misuse of his money which you should report for his sake so that money can be used only for his care until the day he dies.
I think possibly a forensic CPA need to go over your dad's tax returns to see where all of this money is going to and if gifting have been paid if there has been that much money given away.
The IRS might even want to know where these people are all of a sudden getting all this money from that is possibly enabling them to live higher than their usual taxable income? I don't know but they may owe taxes on the money given to them by the POA from your dad's account?
Given the current situation, if he gets milked down to where he must apply for medicaid before 5 years is up, he is going to be financially up the creek when they do their 5 year look back and he could be disqualified because it was all given away!
Now that is a real worry to focus on protecting him from.
In my opinion, financial inheritance is gravy on top of the preparations that we make for ourselves over the years for our own retirement.
Sorry but I just don't agree with the part of protecting yourself. Dad's money should be used only for his care until his dying day. After that it is distributed as per his will's wishes.
You need to report what your sister POA is doing with proof to the DA and or Adult Protective Services. about what is going on with your mother. Your sister is creating a big penalty if she needs Medicaid and a huge tax liability for your mother';s tax return for gifting. You other siblings need to be informed that what the POA sister is doing is illegal and they should return the money which unfortunately is going to cause a gifting tax liability for them on their tax returns. Aren't some families just wonderful? I'm sorry this is happening to you.
ellie6928, you protect yourself by refusing all gifts that your sibling tries to give you that you feel is coming out of Dad's wallet. That way it will keep you out of the loop if your Dad needs to use Medicaid at any time during his care. Medicaid is sharp, they know how to investigate money being sheltered even by moving monies around or by gifting. Your sister could have a rude awaking.
Oh, I'm sorry I read far too fast. She's gifting members of her own family. They need to be informed that this money is not being given to them legally and must return it for your dad's care.
MY SISTER , POA, IS GIFTING EVERY MEMBER OF HER FAMILY, MOVING AROUND INVESTMENT MONIES, SCRAMBLING TO MILK IT BEFORE DAD DIES, I AM HER ONLY SIBLING, HOW DO I PROTECT MYSELF?
Mom passed, dad has Alzheimers in a comfortable home, she got him signing things, I was left to clear out the estate, by myself, left in the dark, the estate attorney , tells me the bare minimum, This is a new one for me....
By proceeding, I agree that I understand the following disclosures:
I. How We Work in Washington.
Based on your preferences, we provide you with information about one or more of our contracted senior living providers ("Participating Communities") and provide your Senior Living Care Information to Participating Communities. The Participating Communities may contact you directly regarding their services.
APFM does not endorse or recommend any provider. It is your sole responsibility to select the appropriate care for yourself or your loved one. We work with both you and the Participating Communities in your search. We do not permit our Advisors to have an ownership interest in Participating Communities.
II. How We Are Paid.
We do not charge you any fee – we are paid by the Participating Communities. Some Participating Communities pay us a percentage of the first month's standard rate for the rent and care services you select. We invoice these fees after the senior moves in.
III. When We Tour.
APFM tours certain Participating Communities in Washington (typically more in metropolitan areas than in rural areas.) During the 12 month period prior to December 31, 2017, we toured 86.2% of Participating Communities with capacity for 20 or more residents.
IV. No Obligation or Commitment.
You have no obligation to use or to continue to use our services. Because you pay no fee to us, you will never need to ask for a refund.
V. Complaints.
Please contact our Family Feedback Line at (866) 584-7340 or ConsumerFeedback@aplaceformom.com to report any complaint. Consumers have many avenues to address a dispute with any referral service company, including the right to file a complaint with the Attorney General's office at: Consumer Protection Division, 800 5th Avenue, Ste. 2000, Seattle, 98104 or 800-551-4636.
VI. No Waiver of Your Rights.
APFM does not (and may not) require or even ask consumers seeking senior housing or care services in Washington State to sign waivers of liability for losses of personal property or injury or to sign waivers of any rights established under law.
I agree that:
A.
I authorize A Place For Mom ("APFM") to collect certain personal and contact detail information, as well as relevant health care information about me or from me about the senior family member or relative I am assisting ("Senior Living Care Information").
B.
APFM may provide information to me electronically. My electronic signature on agreements and documents has the same effect as if I signed them in ink.
C.
APFM may send all communications to me electronically via e-mail or by access to an APFM web site.
D.
If I want a paper copy, I can print a copy of the Disclosures or download the Disclosures for my records.
E.
This E-Sign Acknowledgement and Authorization applies to these Disclosures and all future Disclosures related to APFM's services, unless I revoke my authorization. You may revoke this authorization in writing at any time (except where we have already disclosed information before receiving your revocation.) This authorization will expire after one year.
F.
You consent to APFM's reaching out to you using a phone system than can auto-dial numbers (we miss rotary phones, too!), but this consent is not required to use our service.
Sounds like I am hearing a possible contesting of the will on the possible basis that it was changed when your dad was not competent to change his will? Has the will been changed? Were you aware of a previous will or have a copy of a previous will that was made when your dad was still competent? Has your dad ever been declared incompetent by a doctor or by a judge? If he's not ever been declared incompetent, then he can sign anything he wants to.
I'm with cornflakes, your dad's the one needing protecting from the misuse of his money which you should report for his sake so that money can be used only for his care until the day he dies.
I think possibly a forensic CPA need to go over your dad's tax returns to see where all of this money is going to and if gifting have been paid if there has been that much money given away.
The IRS might even want to know where these people are all of a sudden getting all this money from that is possibly enabling them to live higher than their usual taxable income? I don't know but they may owe taxes on the money given to them by the POA from your dad's account?
Given the current situation, if he gets milked down to where he must apply for medicaid before 5 years is up, he is going to be financially up the creek when they do their 5 year look back and he could be disqualified because it was all given away!
Now that is a real worry to focus on protecting him from.
In my opinion, financial inheritance is gravy on top of the preparations that we make for ourselves over the years for our own retirement.
Oh, I'm sorry I read far too fast. She's gifting members of her own family. They need to be informed that this money is not being given to them legally and must return it for your dad's care.
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