willie_52
Member
Cash: $ 2.40
Posts: 11
Joined: 19 Apr 2006
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My Mom had become ill and requires the services of a nursing home. Her medical insurance will cover her until the end of February. We are planning on prepaying the costs of her funeral expenses from the only investment she has. Does this need to be placed in an irrevocable trust in order to be protected from the government? If the sales of her assets are used for this purpose can they be attached if they are put them in my checking account and disperse them to the appropriate accounts?
What I am trying to determine is liability. If I receive a check and put those funds in my checking account to pay for funeral expenses and writ a check to put into my Mom�s account would that be acceptable. The only other thought would be to deposit the check into my Mom�s account and write a check from that total.
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Sat Feb 24, 2007 3:50 am |
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willie_52
Member
Cash: $ 2.40
Posts: 11
Joined: 19 Apr 2006
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Thank you for your reply. My intent is to use her assets for her and services that she will require or need. If that happens I will be satisfied.
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Mon Feb 26, 2007 11:44 am |
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