Financial and Legal

Asking a question on behalf of a caregiver without internet or email access. Her friend / neighbor has been diagnosed with dementia. Based on the description it sounds like early stage and may still have capacity to make decisions. The care recipient originally, signed a POA that gave control of her finances to her sister. Based on the description of the friend, the sister has not done a good job providing support and access to funds. The client is interested in making a change to her POA. What is the process and requirements to make a change to a POA?

Thanks!

I am thinking Medicaid might eventually be needed for my loved one's long term care. I know there is a look back period, but what steps should I be taking right now?

Someone had mentioned that I can assist my mother to get a medical loan to cover some of the costs of assisted living since it had become a burden on my brothers and I to juggle everything and make sure she is still looked after. My money is tied up with bills, kids, and a mortgage, my younger brother is still paying off college debts, and my older brother has a family of his own. We can all chip in but we want to make sure she gets the best care if this is an option. Does anyone know the process of getting a medical loan for someone who has Dementia?

I have heard horror stories when taking on home care for parents and it has gotten me quite nervous. My mother is in need of help at home and we want to try to avoid making her leave her home if possible. We want to hire a caregiver but many people have talked about neglect and instances of elderly ending up in the hospital from malpractice and bad care. They were unable to sue the companies for compensation which made things worse.

Is it a good legal standpoint to therefore draw up and agreement to protect everyone involved?