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- About JeffreyS508376
About JeffreyS508376
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Tell us about yourself:
Retired from the military, just started second career.
Father passed away a few months ago with in home hospice. It was terrible.
Mother is 92, lives alone and lives off social security. My brother and I pay her major expenses. Brother is also a retired veteran, but homeless.
Area of knowledge and what I know well:
home repair
Not good at medicine, insurance
All Activity
- POSTS
- KUDOS
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Thanks. I would absolutely use HER funds for HER choice. I just got off the phone with an excellent place near her house and friends. I absolutely want her to have the next few years as best as possible for HER. She had a terrible last two years ...
0
Replies
0
Kudos
3467
Views
"Holding assets in an irrevocable trust can also be useful if you’re trying to qualify for Medicaid to help pay for long-term care and want to avoid having to spend down assets" this sentence from your link is exactly why its being recommended. But ...
2
Replies
0
Kudos
3534
Views
Thank you. My goal is for her to use her funds to best cover her expenses and any future unknowns. The trust would not be to save or protect funds for my use. But a trust can allow her to one day (5 years) be eligible for Medicaid even with a larg...
1
Reply
0
Kudos
3562
Views
Who and how do I pay taxes on the interest of a irrevocable trust? The trust is to support the expenses to take care of my 92 year old mother in assisted living. I would control those funds. My mother is 92 and lives alone at home. She is ready ...
2
Replies
0
Kudos
3633
Views
I have the same question you asked. Still searching for the answer. Hope you were able to resolve the issue and curious how you did it.
1
Reply
0
Kudos
7387
Views
Thanks. I would absolutely use HER funds for HER choice. I just got off the phone with an excellent place near her house and friends. I absolutely want her to have the next few years as best as possible for HER. She had a terrible last two years ...
0
Replies
0
Kudos
3467
Views
"Holding assets in an irrevocable trust can also be useful if you’re trying to qualify for Medicaid to help pay for long-term care and want to avoid having to spend down assets" this sentence from your link is exactly why its being recommended. But ...
2
Replies
0
Kudos
3534
Views
Thank you. My goal is for her to use her funds to best cover her expenses and any future unknowns. The trust would not be to save or protect funds for my use. But a trust can allow her to one day (5 years) be eligible for Medicaid even with a larg...
1
Reply
0
Kudos
3562
Views
Who and how do I pay taxes on the interest of a irrevocable trust? The trust is to support the expenses to take care of my 92 year old mother in assisted living. I would control those funds. My mother is 92 and lives alone at home. She is ready ...
2
Replies
0
Kudos
3633
Views
I have the same question you asked. Still searching for the answer. Hope you were able to resolve the issue and curious how you did it.
1
Reply
0
Kudos
7387
Views
Thanks. I would absolutely use HER funds for HER choice. I just got off the phone with an excellent place near her house and friends. I absolutely want her to have the next few years as best as possible for HER. She had a terrible last two years ...
0
Replies
0
Kudos
3467
Views
"Holding assets in an irrevocable trust can also be useful if you’re trying to qualify for Medicaid to help pay for long-term care and want to avoid having to spend down assets" this sentence from your link is exactly why its being recommended. But ...
2
Replies
0
Kudos
3534
Views
Thank you. My goal is for her to use her funds to best cover her expenses and any future unknowns. The trust would not be to save or protect funds for my use. But a trust can allow her to one day (5 years) be eligible for Medicaid even with a larg...
1
Reply
0
Kudos
3562
Views
Who and how do I pay taxes on the interest of a irrevocable trust? The trust is to support the expenses to take care of my 92 year old mother in assisted living. I would control those funds. My mother is 92 and lives alone at home. She is ready ...
2
Replies
0
Kudos
3633
Views
I have the same question you asked. Still searching for the answer. Hope you were able to resolve the issue and curious how you did it.
1
Reply
0
Kudos
7387
Views
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Public Statistics
| Date Registered | 04-03-2023 01:50 PM |
| Last Visited | 12-06-2024 04:57 PM |
| Total Messages Posted | 6 |