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stomachmonkey stomachmonkey is offline
The Unsettler
 
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Join Date: Dec 2002
Location: Lantanna TX
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Pretty much sums it up.

Unfortunately as you found out you are kinda late to the game of moving his assets.

Sounds like he will be back at home before he uses up his benefits or at worst the out of pocket will be minimal.

Seems you believe he will be needing an adult facility or other type of supervision like home care which will eat into his assets.

Your best course of action at that point may very well be to have him move in with you and use his assets to cover expenses.

Any siblings around or are you the only option?

If there are sibs make sure you take control of the assets with the help of an attorney so everyone is on board and there is no fighting later.

At minimum you/someone needs to be added to his accounts as a trustee NOW. That allows you to deal with his assets differently than after he passes. Afterwards is a pain. My father had assets when he passed but no trustee so dealing with it cost me 10k the first week and nearly 60k by the time we liquidated house etc...

Took me almost 2 years to get it all sorted out.

Sorry to hear and good luck.
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