Fiduciary - start first - before app?

[IrishMarie]

I am still in limbo with my mom.  Getting closer to moving her to an assisted living facility.  I had ruled that out for past year and doing what I can to check on her and take care of her as she stays in her own apartment - with help from home health nurse.  Mom has been declining (age 80) and dementia increasing.  Found a facility that would "cover" the cost/balance each month until the VA benefit came through, so this looks promising.

Question:  I already have a doctors statement noting dementia.  I know a POA is not accepted.  Should I go ahead and apply to become fiduciary for mom BEFORE she moves into assisted living and we apploy for A&A (which could be in next several months)?  Has anyone done it this way and had success ?

Thank you.

[vetadmin]

You do not want to do this until you receive a determination back on the applicaiton as it will only delay the application being processed.  Once you get the determination, you can then address being appointed as her fiduciary.

[cmicbrown]

Has anyone heard of a HEMS fund - taking a portion of parents money and setting aside, so to speak, in order to bring their cash down the a level that is acceptable to VA in order to gain benefits? I wonder if I am making any sense.. thanks.

[IrishMarie]

Thank you.  Good to know this now!

[mcrews]

Has anyone heard of a HEMS fund - taking a portion of parents money and setting aside, so to speak, in order to bring their cash down the a level that is acceptable to VA in order to gain benefits? I wonder if I am making any sense.. thanks.

.

it would help if you told us what HEMS stands for? but I have not seen those initials before

Mark John Crews