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
[email protected] 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 I am consenting on behalf of someone else, I have the proper authorization to do so. By clicking Get My Results, you agree to our
Privacy Policy. You also consent to receive calls and texts, which may be autodialed, from us and our customer communities. Your consent is not a condition to using our service. Please visit our
Terms of Use. for information about our privacy practices.
Take care,
Carol
I'll second getting her moved into a facility that takes Medicaid and is a "tiered" facility - one that goes from AL to NH with an ALZ & rehab floor or unit. That way she is on track for all levels of care as she ages and gets more debilitated and you don't have to move her and her deal with the confusion/anxiety that causes.
You mention securities, have you a current on her investment portfolio? You might want to go and meet with her broker before the EOY to perhaps move things around in this tax year or clear/clean up any issues. Make sure there isn't any account that have margin call ability, unless you are going to monitor. I've seen alot of heart-ache with this situtation, where dad did all the investing and was good at it, then died and mom just went along letting things reinvest and now faces a group of stocks that had margin calls or maintenance minimums on them and finds that the "safer" investments have been drawn on to make it up. It's been in the statements but they basically don't review or realize what's what as there is still $.
Having stock, like having oil & gas revenues, is going to be an extra maze to deal with if your mom ever needs to go on Medicaid - for the Medicaid application review worker this is super complicated high-cotton finance & beyond their paygrade and kicked to a higher more detailed review.
If you can take a hard look at what her costs are, what her LTC pays for and for how long and what her resources are.If you find that she probably will run out of funds and family cannot underwrite her care and she needs to go on Medicaid, then plan on divesting her portfolio in the near future while there is no imminent need or doing a living trust for everything. Good luck.
There’s a new type of government-approved long-term care policy that can protect your assets from Medicaid even after the policy runs out of benefits. Here’s an explanation of how these policies work:
Julie
What a great thing for you that she got a good policy!
Does it differ from state to state?