What are the laws dealing withe a person money who has denentia and is 89 years old?
148965
if your grandmother dies intestate ( without a will) and does not have a living spouse, your father and any other living siblings will automatically inherit her money. While there may be estate and probate fees, I can not imageine that it would be half of her estate.\nThe other potential issue might be medicare if medicare is currently paying for her care. The law requires her to use her own funds first although there are some exemptions. This is typically reduced by gifting money to family, but there are time frames that must be respected. The issue could be that if these gifts are not already made or loans documented, that given her current condition, she no longer has the legal capacity to do so. If beyond co-signing her account you father has a broader "power of attorney", this would help. \nIn order for your father to understand all the issues, he will need to consult with an estate attorney or an attorney that specializes in Elder Law
1094558
Be very careful Heath, Spanish property law is a potential minefield and I'm sorry to question your friends intentions, but worst case scenario is being left owing money on an outstanding mortgage with no claim on the property in question.
976153
You need to speak to an attorney about your rights and obligations.  Also, why not speak with her financial advisor to find out what, if any, plans are in place concerning your mother's death.
15872
Most people are required to enlist the aid of a financial advisor.  This is a very good thing as it allows you to invest the money, instead of letting it sit in your bank account.\n\nIf this is court awared inheritance, then the court will most likely require a financial advisor.\n\nAside from the investing, what the person whants to do with the money is up to them. There really isn't any other steps to worry about.\n\nYou don't need to tell the government, you don't need to include it on your taxes unless you want to, and frankly, other than investing, there isn't much more for you to do, aside from get the check, cash it, invest it, and live.\n\nDon't go overboard, and spend all the money at one time, mind you.  Spend well, and leverage your money the best you can.
632057
Strangely enough, though I don't know where you're from, we pay taxes ALL of our lives right up until we're retired. There are also medicine being developed so people can live longer.\n\nThe contradiction here is: older people + taxes they've paid all their lives = no money when they retire.\n\nAs much as I hate to be crude ... wtf?\n\nAnyway, yes, the property will have to be sold unless you (or another willing relative) has the money to support the needy relative.\n\nI lost an inheritance that way and I'm seeing a friend facing the same trouble. The moral of the story is? Government, stop fixing the highway and save that cash up for me when I'm too old to work... Or stop research to make me older and not give me money ... it sucks either way
1146097
Hire a lawyer.\n\nMost are put in place to protect one persons assets from the other.
765923
This is a Long-Term Care issue.  You need LTC if you need assistance with 2 of the 6 Activities of Daily Living for a period of 90 days or more, or if you suffer from an organic brain impairment, like Alzheimers disease.  ADL's are: dressing, bathing, continence, transferring, toileting and eating.\n\nIf he had LTC insurance, the insurance would pay for ALL of this and preserve his assets.\n\nI was going to suggest Long Term Care insurance, but because of the Alzheimer's he wouldn't qualify.  People should buy LTC insurance when they are HEALTHY.\n\nPresident Bush signed the Deficit Reduction Act last year.  Now if you have more than $2,000 in savings or investments, you don't qualify for government assistance for LTC. If he has 40k in the bank, he doesn't qualify for government assistance which is basically welfare.\n\nIf he gifts the money away, because of the Deficit Reduction Act, he will have to wait 5 years before he qualifies for government help.\n\nHe is on his own.\n\nI suggest talking to a Reverse Mortgage professional and getting money out of the house.  The only drawback to a reverse mortgage is when he dies, his heirs will have to pay the money back.\n\nUnfortunately by the time most people find out about this new law its too late for them.  A lot of us are going to experience this situation with our aging parents and grandparents.\n\nWhile people were busy arguing about immigration and all the other B.S., they haven't been paying attention to some of the new laws that are now in  place that benefit BIG BUSINESSES like insurance companies.\n\nI wish you and your family the best.
1003554
Advocacy, Inc., with an office in Houston, provides Elder Law services: http://www.advocacyinc.org/index.htm\n\nAlso, you could contact the Texas Attorney General, the Texas Legal Services Center, or Texas Law Help.  I've included links to all of them below.  I hope these resources help you.
1058105
C) Someone whos poor but lives over 100 years
72700
You'll have state laws wherever you live, and it will have to be settled through probate within a year of her death (not settled within a year, but go to probate before the year is up).  Other than IRS debts you can usually get out of paying any bills at all if you want to.  If it was a block community grant that helped her out? well, you decide.  But if there is any kind of lien on her house that would have to be settled.  Probate gets you through all of this and will tell you what to do but you should, in no way, end up owing any money to anyone out of your pocket.  Also, don't pay any bills now even if you have her money, just notify debtors of her death, you may need to send a death certificate to them and they will want one Without cause of death indicated, and they'll send the final bill.
88347
I don't think so, but you don't provide enough information to go on.  Are you the sole caregiver?  What sources of income do you or he have?  Are you or he receiving financial assistance from the government?   Even if you can't get a 'check from the government', there are a lot of other resources and assistance programs you could look into.\nYou can start by checking the U.S. Department of Health & Human Services Administration on Aging web page to see what resources may be available, how you or he would qualify, where else you could look and other information on elder care at http://www.aoa.gov/
1043812
If money is tight, I would suggest contacting a local Legal Aid center. Usually, free legal clinics like that will have you meet with a volunteer lawyer there, who will assess your factual situation and determine whether the center can do something for you or, if your situation is particularly complicated, refer you to a lawyer who has a referral relationship with the center. At least, you may be able to get some information that will help you better formulate how to go about resolving the problem you're having with your grandfather's daughter. Sometimes, all it takes is a demand letter (i.e., a threat to sue) to prompt people to solve a problem without ever going into litigation.
984555
The only thing that matters is what she did, and that's steal from a helpless older person. It's too late to prevent consequences for your husband's mother, but your story can serve as a wake-up call for anyone who's thinking about giving power of attorney to a relative whose integrity isn't beyond reproach.  A Power of Attorney can be abused, and dishonest Agents have used Powers of Attorney to transfer the Principal's assets to themselves and others. That is why it is so important to appoint an Agent who is completely trustworthy, and to require the Agent to provide complete and periodic accountings to the Principal or to a third party.  Should a Principal, member of the Principal's family or a friend have grounds to believe that an Agent is misusing or misued a Power of Attorney, the suspected abuse should be reported to the police or other law enforcement authority to protect the Principal from the loss of his or her property. Request copies of past concealed checks, bank statements, and withdrawals to look for forgery or unusual activity. If forgery or misuse of funds is apparent, your husband's Mother can sign an affidavit with the bank and it will be investigated. The police or FBI may get involved at this point. Consider asking an Estate Planning lawyer for help and advice.
208092
Some elder;y people use it to transfer ownership to relatives. It is not a very secure deed.
882667
It really depends on the laws of your state, but usually what happens when a person dies intestate is that the court appoints an executor who is responsible for liquidating all the assets of the decedent's estate.  Before any friend or family member gets any money or property out of the estate, the executor has to pay for any claims made against the estate.  As a result, whoever pays for the funeral and burial expenses can make a claim against the estate for reimbursement.  In this case, I would strongly advise you against getting involved if you're worried about how you'll be able to pay for it and whether your ex has enough assets to cover the burial/funeral expenses.  Doesn't matter if his brothers and sisters expect you to handle this or not -- you are under NO LEGAL OBLIGATION WHATSOEVER to stump up the cash for anything involving your ex.
1152679
IF someone such as your daught-in-law, or someone else that is 18+ is willing to testify that she didn't have permission to do this, she can be in serious trouble fro stealin the stamps.  It is a crime, what you need to do is call your welfare, ( ADC) talk to her case worker, or a fraud investigator, and inform them of what is happening.  Let them know that she is sick, and her mother is takeing advantae of it by doing what she is accused of.  They will stop it, also charges will be filed.
250265
Possibly yes after a person dies the debt collectors go after the estate. So if her name was on the deeds the might be able to. It is something to talk to a lawyer about.