I had to do this in order to spend down for my Mom to qualify for Medicaid. She has dementia and heart condition plus a list of other issues a mile long that prevent her from going home ever again. She's been in a nursing home for over 4 years. I did all the work, but under the knowledge of her PoA - he signed off on everything.
Yonavee, if it is meaningful, keep the gun!!!!!!!!!!!!!!!!!!!!!!!!!!
My mom lived in a senior apartment building and I put up signs saying FREE and gave away a lot of household items including food. The next day my sister and I held a sale and people bought items I was shocked would sell such as an old bedroom set and the mattress. It was kind of sad sensing so much need. Many things we simply threw in as "bonuses" to those who bought things. We sold them for the bare minimums. Fortunately, by the time we did this, Mom was there and we were so surprised at her willingness to sell and get rid of things. It made it so easy.
But like someone here said, I returned home and began clearing out a lot of my "memories of no real value" so my kids won't have to go through this. Great ideas about donating craft items to schools. A crafter/photographer asked about old Black and White photos, too. One item we thought was worth a lot of money, was only worth about $200 and we ended up giving that to the S.A. to make sure everything was cleaned out. We were so exhausted. I would strongly suggest spending the time to call second hand furniture stores who may buy big lots of furniture and those companies that help you organize and sort through things if you have a large house. Even my mom's one-bedroom apartment took two weeks to close. Also, don't hesitate to ask friends to help for an hour or two.
It is a hard thing to do but needs someone to do it. all the thoughts and tips are good to hear. It is just one more step in caring for aging parents. I like the comment about the role reversal aspect. We become the "parent" and make decisions for them just as they did for us when we were young. And, yes, just as we did not like some of the decisions, we know now that they were for our own good. Keep doing that "good" for your parents.
If time is of the essence, you can have the sale yourself like I did, but you're going to need help..in my case it was my best friend. It worked out great! She stayed the night more often then not so it was like we were peeling back the years (lots and lots of years) to when we'd do sleep overs and talk way into the wee hours of the night when we were teens. It was actually quite fun! We even took one night off from working on the house and bought a bottle of wine and drank the whole thing.
Mthr was at the point where she was asking to go home occasionally, but that was to her daddy's 1935 house, not the house she bought in 1970. Once I mentioned something about her house, and she asked what house. I referred to it as Ms. Robert's house, who was the previous owner back in olden days, and she said "I didn't know I bought Ms. Robert's house. What are you talking about?" I got over any residual guilt feelings right then. She was clueless.
We did not tell mthr
The first move would definitely be to get the lawyer and explain the situation. Ask for guardianship of the person in the nursing home so that you can take over that person's affairs. Guardianship will have to be granted legally, so whoever is going for guardianship will have to go through any required legal steps to gain guardianship of this person. If no one in the family is willing, then adult protective services in your area will have to go through some kind of process of getting things moving toward getting that person a guardian. I recall that there was a court appointed guardian given to my elderly surrogate dad since there were no blood relatives and I was definitely not in a position to take guardianship of him. This was done through the adult protective services, and he was given a court appointed guardian who happens to also be a lawyer.
The next move would be to show up at the bank and explain the same situation to them. Explain that a lawyer now has case.
Now, the next move would be to have a family meeting about the situation and discuss what will happen if the house is somehow forgiven and the house is turned over to the current customer. Somehow this current customer now in a nursing home will need to be removed from the house, and this can definitely be done with the help of a lawyer. This is why a lawyer is definitely needed, because you don't want the nursing home taking that house if the debt is forgiven and the house is turned over to that customer. You definitely don't want the nursing home taking the house that this lady paid so much on for so long.
are you talking about mortgage insurance or is that something else?