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Who are you caring for?
Which best describes their mobility?
How well are they maintaining their hygiene?
How are they managing their medications?
Does their living environment pose any safety concerns?
Fall risks, spoiled food, or other threats to wellbeing
Are they experiencing any memory loss?
Which best describes your loved one's social life?
Acknowledgment of Disclosures and Authorization
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.
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Mostly Independent
Your loved one may not require home care or assisted living services at this time. However, continue to monitor their condition for changes and consider occasional in-home care services for help as needed.
Remember, this assessment is not a substitute for professional advice.
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This is the time to go thru your parents records to make sure there aren't policies you don't know about. Files marked Misc and Paid Bills is a good place to look. We found 4 policies my mother had taken out on herself and set them up as auto pay. We also found one that was defrauding her. I kept calling them (Good Sam Insurance) to find out if there was a cash value and they kept stalling. Finally they told me she had "aged" out 3 years earlier so they would not be paying anything to anyone. However they had continued to bill and collect her premiums every month and she was still paying them when we discovered this.
I have been through the spend down to Medicaid for my Mom who is now in a nursing home. She is in S. C. Term life has no interest or cash value so it is not a countable resource or asset. You would need to pay her premium out of your pocket though because there are strict rules on what is paid out of your Mom's account and you will be audited once per year to be sure you are being a good steward of the money. At least that's how it works in S.C. You may want to Google your question using your state name. I consulted an elder law attorney to be on the safe side about some of these things. It can get very tricky.
I have been through that spend down to Medicaid with handling my Mom's business. She is in the nursing home and lives in South Carolina. Term life has no cash value so it is not a countable resource or asset.
Don't know if my long answer went through... just saying that simply adding a beneficiary might not remove the policy from the deceased estate. You would probably need a life insurance trust to do that. See an estate planning lawyer in your State.
Not sure about the beneficary thing. I was told wills are null and void so why wouldn't a beneficiary on a policy be. Someone also mentioned a while back it depends on who owns the policy. If it's held by an employer Medicaid can't touch it. But if you paid for it then Medicaid can have u cash it in.
(i) only the cash value a policy with face value over $1,500 is countable for Medicaid eligibility purposes, and (ii) unless the beneficiary of the policy is the estate of the insured, the state cannot go after the proceeds following the death of the insured.
As other have said term insurance has no cash value being built up over the years. My mom had a $10,000 whole life policy and when she went on Medicaid , the policy had a roughly a $4,000 cash value. The $4000 was counted as an asset. Make sure her policy has a beneficiary listed . If not.., upon death, the $30,000 would be considered as part of her estate and medicaid may be able to take what's left after funeral expenses.
this policy will not prevent you from getting medicaid but at her death medicaid will ask for the value of the policy. they will say it is to be paid to them for reimbursement for funds they have paid. good luck
Agree with all other answers here. We had the same situation when my mother went into a NH on Medicaid. I filled out the application for her and simply included a copy of the policy showing that it had no cash value. Her only income was a small social security check, and my dad was still alive and likewise living only on a small social security check. So Medicaid allowed her income to stay with my dad, and he continued paying the premium on it. This was in Florida, and I should add that her income was only allowed to stay with him because they were very low income with no assets and to take her income from him would have left him indigent.
Agree with previous answers. Also, you might want to have her transfer ownership of the policy to you. That way she can't change the beneficiary to someone else on a whim or under someone's influence.
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.