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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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If you do that (and YOU can't -- they would have to do it), then you want to sell the house, you'll be paying capital gains taxes on the difference between what they paid for it and what you sell it for. Depending on how long they've lived there, that can be a serious chunk of change. Ex. My folks bought their house for $45,500 in 1969. If I'd been added to the deed or the house was signed over to me, that'd be my cost basis. The house is worth over $2 million now, so I'd be paying taxes on the difference between $45.5k and $2 million, or $1,954,500. (It's California -- real estate is nuts here.)
If you inherit the house instead, you get a stepped-up cost basis, and that's the value of the house on the day you inherit it. My parents' house was worth about $100,000 less than it is now when my mom died last July, so my cost basis is around $1,900,000, and I'd only have to pay taxes on the difference between that and what it sells for. BIG difference. ($293,000 in taxes in the first scenario vs. $15,000 in the second.)
Check with a CPA before considering anything like that.
I’m not sure how putting your name on a deed reduces the drama?! I would suggest you take your parents to a certified elder attorney before you change any legal documents. You can inadvertently cause them to lose out on medical care they may need in the future.
That I know of you cannot willy-nilly go about the world putting your own name on the titles of homes belonging to others. That's only a lay person's opinion. Check with your attorney. And consider checking with your parents for that matter.
Does the concept of fraud frighten you? It should.
The only ones who can legitimately convey and/or add an interest to property are those who hold legitimate title, as would be evidenced by legitimate deeds recorded in the real property records of a local county, or smaller entity, depending on the jurisdiction.
Any deed adding someone to the title would also have to be signed by the holders of record; they're the only ones who can convey interest in title. It's not something someone can do for oneself. Unless you're already in the chain of title, you have absolutely no authority to add your name to existing title records.
In addition, your adding your own name and recording a falsified deed would put a "cloud" on title, as it's described in real estate terminology. At some point at which the legitimate owners may want to sell, that cloud on title could hold up the transfer until it was resolved, in or out of court.
I don't understand how your false ownership of property would address and/or solve the "drama" in the household. Could you elaborate? What other methods have been tried?
I think to have your name put on a deed, it needs to be done by a lawyer. I was put on my husbands after we married and I think a lawyer has to draw up a new deed. When selling Moms house, the lawyer made up a new deed fir the new owner. I have my parents deed showing all the changes made to the "farm" over 123yrs.
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.
If you inherit the house instead, you get a stepped-up cost basis, and that's the value of the house on the day you inherit it. My parents' house was worth about $100,000 less than it is now when my mom died last July, so my cost basis is around $1,900,000, and I'd only have to pay taxes on the difference between that and what it sells for. BIG difference. ($293,000 in taxes in the first scenario vs. $15,000 in the second.)
Check with a CPA before considering anything like that.
I would suggest you take your parents to a certified elder attorney before you change any legal documents. You can inadvertently cause them to lose out on medical care they may need in the future.
That's only a lay person's opinion.
Check with your attorney.
And consider checking with your parents for that matter.
The only ones who can legitimately convey and/or add an interest to property are those who hold legitimate title, as would be evidenced by legitimate deeds recorded in the real property records of a local county, or smaller entity, depending on the jurisdiction.
Any deed adding someone to the title would also have to be signed by the holders of record; they're the only ones who can convey interest in title. It's not something someone can do for oneself. Unless you're already in the chain of title, you have absolutely no authority to add your name to existing title records.
In addition, your adding your own name and recording a falsified deed would put a "cloud" on title, as it's described in real estate terminology. At some point at which the legitimate owners may want to sell, that cloud on title could hold up the transfer until it was resolved, in or out of court.
I don't understand how your false ownership of property would address and/or solve the "drama" in the household. Could you elaborate? What other methods have been tried?
What is the drama?