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As POA you should be able to pay her bills, rent an apartment or buy her a slot in an assisted living facility (providing she has significant savings). If she can manage to stay in her apartment with home health aides and/or companions you can use her income (social security, pensions, investment income) to pay for the home health aides to be with her. This arrangement is generally far less costly if her health permits it.
Given the high prices for NH and ALF, I would keep her in her apartment with
full time aides if possible. However, you may need to do a placement. As POA you will be dealing with signing her up for Medicaid as she exhausts her funds on the NH and ALF expenses.
Lastly if she was in the military or has a spouse who served investigate if she can qualify for a program called "Aid and Assistance" which may help pay for home health aide services.
Good Luck. You will learn alot helping your aunt.
Elizabeth
Is a 'Last Will & Testament' any good if the person with dementia signed it before her dementia started to show signs n only has one grown son? Can the property be taking away by Medicade if say, later she needs to go into a NH n passes away n was able to go on Medicaid?
I don't think that furniture is generally considered "assets" but perhaps very valuable antiques would be. Maybe there is someone here who is knowledgeable o that point.
IF they are assets, they would probably need to be liquidating and the money spent before Aunt would qualify for Medicaid.
If they are not technically assets then Medicaid would have no interest in them.