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<blockquote data-quote="Wild and Free" data-source="post: 235528" data-attributes="member: 406">Things I learned from dealing with my mothers estate consist of a few main things.1 - Always have a power of attorney for financial2 - Always have a power of attorney for medical &quot;This one is the one that can bleed you dry as fast as a nursing home or faster without it&quot; If you don't have this the hospitals can have complete say over medical care in some instances with it you have total say over the medical decisions. Example is if you want to be unplugged but hospital thinks otherwise and you have ample assets they will keep you going until they have you bled dry.3 - Always have an executor of the estate, &quot;this is the one we missed&quot;4 - Have a living will.5 - You must sign your physical assets over to a trust or physical being in order to save them from being taken as collateral in case one winds up in a nursing home. If they are turned over soon enough they can not come back after them after seven year i think it is now here in ND, I think it is up to ten years in Minnesota. Liquid assets and income can still be claimed by nursing homes but property and other things MUST be signed out of your possession via quit claim deed or other methods but this is where the living will comes in where you still retain control of such until you are gone. Unless things have changed in the last 6 years this is what i learned.</blockquote>

[QUOTE="Wild and Free, post: 235528, member: 406"] Things I learned from dealing with my mothers estate consist of a few main things. 1 - Always have a power of attorney for financial 2 - Always have a power of attorney for medical "This one is the one that can bleed you dry as fast as a nursing home or faster without it" If you don't have this the hospitals can have complete say over medical care in some instances with it you have total say over the medical decisions. Example is if you want to be unplugged but hospital thinks otherwise and you have ample assets they will keep you going until they have you bled dry. 3 - Always have an executor of the estate, "this is the one we missed" 4 - Have a living will. 5 - You must sign your physical assets over to a trust or physical being in order to save them from being taken as collateral in case one winds up in a nursing home. If they are turned over soon enough they can not come back after them after seven year i think it is now here in ND, I think it is up to ten years in Minnesota. Liquid assets and income can still be claimed by nursing homes but property and other things MUST be signed out of your possession via quit claim deed or other methods but this is where the living will comes in where you still retain control of such until you are gone. Unless things have changed in the last 6 years this is what i learned. [/QUOTE]

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