MRG
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Apr 9, 2013
- Messages
- 11,078
I hope this is the right forum (mods feel free to move as needed).
I'm the youngest of 3 children (56) and just had a panic attack when I read something about elder care on another board. I hope someone here can point me in a good direction.
As the topic says my 95 year old DF is currently in assisted living, he lives close to my DS who does all the daily helping (DR. appointments etc.).
DF has pension and SS of about 3K monthly, and 500k in funds. He's currently withdrawing 2K a month from the 500K. The problem is he insists on giving to every charity, church and organization that needs money. DS says last month he gave out $1,700 this way. Our concern is when it comes time for LTC and Medicare to kick in will they look back over the last 5 years of charity and treat it as gifting?
Also he's in PA. and I remember a recent post about some states coming after heirs to recover for Medicare. PA was one of them.
Thanks for any advice,
MRG
I'm the youngest of 3 children (56) and just had a panic attack when I read something about elder care on another board. I hope someone here can point me in a good direction.
As the topic says my 95 year old DF is currently in assisted living, he lives close to my DS who does all the daily helping (DR. appointments etc.).
DF has pension and SS of about 3K monthly, and 500k in funds. He's currently withdrawing 2K a month from the 500K. The problem is he insists on giving to every charity, church and organization that needs money. DS says last month he gave out $1,700 this way. Our concern is when it comes time for LTC and Medicare to kick in will they look back over the last 5 years of charity and treat it as gifting?
Also he's in PA. and I remember a recent post about some states coming after heirs to recover for Medicare. PA was one of them.
Thanks for any advice,
MRG