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[Teddixat]

@mspemberley   I live in CA also. I have a will and trust. Best decision I made.

[occasionalrain]

We don't ship our family members to for profit nursing homes, so haven't a need for a trust to force taxpayers to pay what's our responsibility.

A person deserves to spend their last days with dignity in their own homes, deciding for themselves what they wish to eat, wear, watch on TV, music they wish to hear, with their pets close by.

All that is taken away upon entering a nursing home, becoming prisoner, a fate worse than death.

[Sooner]

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@Mom2Dogs wrote:

@Carmie   Your last paragraph is my thought as well, I brought this up a while back when my husband and I were having a financial meeting.  He (our financial advisor) agreed with me but also said we were in the minority on how we thought about the issue.

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@Mom2Dogs You can think that way until you think there is no possible way you can run out of money they somewhere in the ensuing 10 years you run out of money but you don't quality while everyone else in the facility has been there cost free for years.  Wakeup call for sure.

Some of us have used our social security to supplement a relative's pay while their entire pension, house, assets and their own social security won't foot the bill.  It is a problem I will say.   The 5-year lookback doesn't take some things into account.  It just IS.  

[shoesnbags]

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@Icegoddess wrote:

@Mom2Dogs At-home care is covered under Long-Term-Care insurance.  It's not cheap though.  Although it may seem reasonable in the beginning, as you get older the premium really jumps up.  That may depend on the state you live in though.  I think they have to get approval from the state to raise their rates.  

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@Icegoddess @Mom2Dogs 

Also, at home care costs more than residential care if the person needs 24hr/day care.  I leaned this when my husband had Lewy Body dementia and I could no longer deal with him on my own. 

We had excellent long term care insurance with a daily allowance that paid for experienced sitters many hours a day, but not nearly enough for 24 hours and that was what we needed.  I moved him to a very nice memory care facility and that same daily allowance from the insurance covered everything.

[shoesnbags]

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@occasionalrain wrote:

We don't ship our family members to for profit nursing homes, so haven't a need for a trust to force taxpayers to pay what's our responsibility.

A person deserves to spend their last days with dignity in their own homes, deciding for themselves what they wish to eat, wear, watch on TV, music they wish to hear, with their pets close by.

All that is taken away upon entering a nursing home, becoming prisoner, a fate worse than death.

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@occasionalrain  Easy to judge if you have never had a loved one with a severe dementia who is a danger to themselves and others.  There are many reasons families choose residential care and you can thank God that you have not had to experience them.  

[occasionalrain]

@shoesnbags 

You're right, I was thinking only of my family. None had any form of dementia. 

[bargainsgirl]

My dad passed first and mom kept the house with a reverse mortgage.  She passed 5 years later and when we sold her home my sister and I split the proceeds.  No trust involved  and I do not remember going through probate.  We live in NY.