Are you sure you want to exit? Your progress will be lost.
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.
✔
I acknowledge and authorize
✔
I consent to the collection of my consumer health data.*
✔
I consent to the sharing of my consumer health data with qualified home care agencies.*
*If I am consenting on behalf of someone else, I have the proper authorization to do so. By clicking Get My Results, you agree to our Privacy Policy. You also consent to receive calls and texts, which may be autodialed, from us and our customer communities. Your consent is not a condition to using our service. Please visit our Terms of Use. for information about our privacy practices.
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.
Share a few details and we will match you to trusted home care in your area:
That's a delicate question. Is your mom in a facility or out now? Are you her power of attorney, legal guardian, or other designation? What is her medical diagnosis? Is she expected to live longer than 2 years? I'd go to the free legal advice agency in your area. Call your state social services to find out where they are or call the Local Office of the Aging for more detailed advice. Let us know how it works out.
In FL you can make arrangements and pay ahead of time. It would probably be more cost effective than purchasing a life insurance policy at this point in time.
It may be a moot point. Have you priced the premium on life insurance for someone who's already in assisted living? It probably makes a lot more sense to just pre-pay her burial, which is something Medicaid allows someone to do when they're spending down anyway.
IsntEasy is absolutely correct! Even a healthy person, of a certain age, will have great difficulty finding insurance that would be worth purchasing. Read the fine print!!!
Final Expense - Irrevocable Insurance or a Pre-Paid funeral account with your area funeral director is best (in my opinion). Medicaid doesn't mind if you "purchase" life insurance, it just needs to not be an ASSET, which means the funeral home would be the owner/beneficiary of the proceeds - based on the cost of the funeral/cremation you choose for her...
If your mother has cognitive capacity she can certainly enter into contracts and agreements herself. If she does not, you can enter into contracts and agreements for her only if you have Power of Attorney.
Your question may also be with respect to Medicaid eligibility and the purchase of life insurance. How life insurance is treated as an asset varies by state and the face amount/cash value permitted is usually quite low.
There are, however, several ways to prepay funeral expenses that will not impact Medicaid eligibility. 1. Prepay funeral expenses by contract with the provider(s). If the contract is made irrevocable the value of the contract will not be countable as an asset. 2. Fund an Irrevocable Life Insurance Trust. This may or may not be funded with life insurance. Most states have a limit of the amount that can transferred to such an arrangement...usually about $12,000. 3. Some states, in addition to the above, permit a separate bank account to be established as a "burial fund". The contribution permitted varies between $1,500 and $2,500.
Be wary of buying "burial insurance" as seen on TV as it may not be an exempt for Medicaid eligibility purposes.
Mom can buy a pre need funeral & burial policy now. If its NCV - no cash value then it's ok for Medicaid. Some states limit them to a maximum amount - maybe 7K or 10K - the FH will know how to structure this.
Depending on moms age, she may be able to do this on a monthly payment plan. Problem with this is IF mom goes onto Medicaid in the future she will not have the income to make the policy payment. So it will fall to family to pay it to keep policy in force. It would probably be better to do a lump sum totally paid policy.
Funeral & burial can be very expensive so try to be pragmatic in this.
We were told to purchase a burial plan for my mother prior to applying for Medi Cal. She had already purchased her burial plot in 1960 when her brother died building Dodgers Stadium. We just went ahead an purchased it before all her money was gone.
There is the "Insured" and then there is the "owner of the policy"...two different people. Lorelei, I suggest you make yourself the owner of the policy and you mom, the insured. At her advanced age and health condition, she obviously will not qualify for a life insurance policy, however she may qualify for a funeral/burial pre-need policy, NCV, through the funeral home of your choice. You make the payments and retain ownership yourself, and I believe that you're all set. When she passes, you pay the funeral home with the funds. Chances are that the funeral home will want beneficiary status.
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.
Your question may also be with respect to Medicaid eligibility and the purchase of life insurance. How life insurance is treated as an asset varies by state and the face amount/cash value permitted is usually quite low.
There are, however, several ways to prepay funeral expenses that will not impact Medicaid eligibility.
1. Prepay funeral expenses by contract with the provider(s). If the contract is made irrevocable the value of the contract will not be countable as an asset.
2. Fund an Irrevocable Life Insurance Trust. This may or may not be funded with life insurance. Most states have a limit of the amount that can transferred to such an arrangement...usually about $12,000.
3. Some states, in addition to the above, permit a separate bank account to be established as a "burial fund". The contribution permitted varies between $1,500 and $2,500.
Be wary of buying "burial insurance" as seen on TV as it may not be an exempt for Medicaid eligibility purposes.
Depending on moms age, she may be able to do this on a monthly payment plan. Problem with this is IF mom goes onto Medicaid in the future she will not have the income to make the policy payment. So it will fall to family to pay it to keep policy in force. It would probably be better to do a lump sum totally paid policy.
Funeral & burial can be very expensive so try to be pragmatic in this.
Lorelei, I suggest you make yourself the owner of the policy and you mom, the insured. At her advanced age and health condition, she obviously will not qualify for a life insurance policy, however she may qualify for a funeral/burial pre-need policy, NCV, through the funeral home of your choice. You make the payments and retain ownership yourself, and I believe that you're all set. When she passes, you pay the funeral home with the funds. Chances are that the funeral home will want beneficiary status.