Elder Law, If my spouse and I own everything jointly, might a durable power of attorney still be useful? You Might Also Like If I give my agent immediate powers, do I forfeit all rights to make financial decisions? Will my loved one get worse care in the nursing home once Medicaid starts paying for his/her care? What is the main reason for having a general power of attorney? Do I have to wait five years after giving anything away to get Medicaid? Do I need a living trust?
Elder Law, If my spouse and I own everything jointly, might a durable power of attorney still be useful? You Might Also Like If I give my agent immediate powers, do I forfeit all rights to make financial decisions? Will my loved one get worse care in the nursing home once Medicaid starts paying for his/her care? What is the main reason for having a general power of attorney? Do I have to wait five years after giving anything away to get Medicaid? Do I need a living trust?
