Is anyone familiar with a QIT or Miller Trust in relations to long term care or nursing home? I did a search and didn’t find any information. I have durable power of attorney just recently for my mother and she is presently in rehab at a long term care facility. The possibility exists that she may have an extended stay and even longer. She has no assets to speak of, a modest house with widows benefit living arrangements. A car that’s not paid for and income from social security, retired military pension widows benefits and a very small teachers retirement income. Basically her finances are a wreck with others that have been mooching off of her unfortunately. I have just got involved about three weeks ago so it’s work in process of “clearing the weeds”. As an example she she was paying for five cell phones and two iPads she was paying for unfortunatel.
My question is if the Miller Trust is established and she then decides two months into the nursing home/assisted living it’s not her thing, can we get her income out of the Trust and then back going to her account?
We are working with an elder care lawyer but I was looking for anyone that had dealt with a QIT/Miller Trust. Thanks in advance.
My question is if the Miller Trust is established and she then decides two months into the nursing home/assisted living it’s not her thing, can we get her income out of the Trust and then back going to her account?
We are working with an elder care lawyer but I was looking for anyone that had dealt with a QIT/Miller Trust. Thanks in advance.