Are you sure you want to exit? Your progress will be lost.
Who are you caring for?
Which best describes their mobility?
How well are they maintaining their hygiene?
How are they managing their medications?
Does their living environment pose any safety concerns?
Fall risks, spoiled food, or other threats to wellbeing
Are they experiencing any memory loss?
Which best describes your loved one's social life?
Acknowledgment of Disclosures and Authorization
By proceeding, I agree that I understand the following disclosures:
I. How We Work in Washington. Based on your preferences, we provide you with information about one or more of our contracted senior living providers ("Participating Communities") and provide your Senior Living Care Information to Participating Communities. The Participating Communities may contact you directly regarding their services. APFM does not endorse or recommend any provider. It is your sole responsibility to select the appropriate care for yourself or your loved one. We work with both you and the Participating Communities in your search. We do not permit our Advisors to have an ownership interest in Participating Communities.
II. How We Are Paid. We do not charge you any fee – we are paid by the Participating Communities. Some Participating Communities pay us a percentage of the first month's standard rate for the rent and care services you select. We invoice these fees after the senior moves in.
III. When We Tour. APFM tours certain Participating Communities in Washington (typically more in metropolitan areas than in rural areas.) During the 12 month period prior to December 31, 2017, we toured 86.2% of Participating Communities with capacity for 20 or more residents.
IV. No Obligation or Commitment. You have no obligation to use or to continue to use our services. Because you pay no fee to us, you will never need to ask for a refund.
V. Complaints. Please contact our Family Feedback Line at (866) 584-7340 or ConsumerFeedback@aplaceformom.com to report any complaint. Consumers have many avenues to address a dispute with any referral service company, including the right to file a complaint with the Attorney General's office at: Consumer Protection Division, 800 5th Avenue, Ste. 2000, Seattle, 98104 or 800-551-4636.
VI. No Waiver of Your Rights. APFM does not (and may not) require or even ask consumers seeking senior housing or care services in Washington State to sign waivers of liability for losses of personal property or injury or to sign waivers of any rights established under law.I agree that: A.I authorize A Place For Mom ("APFM") to collect certain personal and contact detail information, as well as relevant health care information about me or from me about the senior family member or relative I am assisting ("Senior Living Care Information"). B.APFM may provide information to me electronically. My electronic signature on agreements and documents has the same effect as if I signed them in ink. C.APFM may send all communications to me electronically via e-mail or by access to an APFM web site. D.If I want a paper copy, I can print a copy of the Disclosures or download the Disclosures for my records. E.This E-Sign Acknowledgement and Authorization applies to these Disclosures and all future Disclosures related to APFM's services, unless I revoke my authorization. You may revoke this authorization in writing at any time (except where we have already disclosed information before receiving your revocation.) This authorization will expire after one year. F.You consent to APFM's reaching out to you using a phone system than can auto-dial numbers (we miss rotary phones, too!), but this consent is not required to use our service.
✔
I acknowledge and authorize
✔
I consent to the collection of my consumer health data.*
✔
I consent to the sharing of my consumer health data with qualified home care agencies.*
*If I am consenting on behalf of someone else, I have the proper authorization to do so. By clicking Get My Results, you agree to our Privacy Policy. You also consent to receive calls and texts, which may be autodialed, from us and our customer communities. Your consent is not a condition to using our service. Please visit our Terms of Use. for information about our privacy practices.
Mostly Independent
Your loved one may not require home care or assisted living services at this time. However, continue to monitor their condition for changes and consider occasional in-home care services for help as needed.
Remember, this assessment is not a substitute for professional advice.
Share a few details and we will match you to trusted home care in your area:
Igloo572. Yes krugerrand and silver eagle. I only found a few receipts for these but are from reputable companies. Thank you for the info. I will check and see. What you've mentioned is most likely the route I'll need to take. Thank you
Garden artist. The trust is already irrevocable. (Required for application to VA). These are the last of his assets and I thought of waiting to see if the market changes so he doesn't lose on his investment. With the downward turn in health I've been thinking I should do something before years end for tax purposes. Then I can execute his will after taxes are filed and paid for 2017.
Jelly - so is it legit bullion or mining shares? As in coins (krugerrand or maple leafs) or certified numismatic; mining like VanEck. Either would involve a registered broker who would be the one to validate & do buy-back. Most broker dealers are PNG and there should be a PNG contact name on paperwork. One of the biggest most established ones is in my city & even though I know where they are, etc., I still need to go through a registered PNG broker to do anything.
Sadly there’s a lot of scams marketed to seniors on gold & silver. Not meaning to be snarky, but could dad have bought into one of these? If so, their basically worthless. There was a great article on this from AARP September 2016 especially on the Merit gold & silver investment fraud.
I'm going to take a different approach. Is it necessary to liquidate the gold and silver to fund into the trust? I've never bought those kind of assets, so I'm just wondering, but you might want to find out. I also don't follow markets for them, so I don't know whether they're moving up or down in value.
But think of it this way - vehicles, boats, stocks, mutual and real property don't have to be liquidated to be funded into a trust. Title is transferred from the individual owner to the Trust.
Couldn't this be done for the gold and silver assets as well? And perhaps they might increase in value before the trust becomes irrevocable on death.
What documentation do you have evidencing the gold and silver? There's probably something evidencing them. You might want to check with the dealer from whom they were purchased about the movement upward or downward of their prices to determine if you'll maximize their value by converting to cash now.
But I definitely would speak to an estate planner with some background in mineral assets to determine if you couldn't just transfer ownership to the (and fund them into the trust) w/o liquidating them.
These comments don't address any potential Medicaid issues, just the specific gold and silver assets and funding into the Trust.
Joann29. Maybe you're right.(attorney) I thought I posted this under "elder law", idk. Just so overwhelmed dealing with all his affairs and rapidly declining health. Just put him in hospice. Not thinking as clearly as usual.
How old is ur Dad? When was the trust set up? Could he need Medicaid in the next five years? If yes to the Medicaid question then this maybe a problem. It may be construed as hiding assets. Jariz's response maybe coming from that a lot of people lose all they worked for when they finally can go on Medicaid. Even if they r allowed a house, once in spend down no money can be spent on it from the person's personal income. And then their are people who set up a trust that Medicaid can't use as income but there is plenty of money for their care...I know, it's legal. You may want to consult a lawyer. Liquidating could mean lots of taxes.
jjariz, yeah for real. More than just gold and silver. As POA and trustee I have to make certain I don't make any mistakes for which I can be held criminally liable.
By proceeding, I agree that I understand the following disclosures:
I. How We Work in Washington.
Based on your preferences, we provide you with information about one or more of our contracted senior living providers ("Participating Communities") and provide your Senior Living Care Information to Participating Communities. The Participating Communities may contact you directly regarding their services.
APFM does not endorse or recommend any provider. It is your sole responsibility to select the appropriate care for yourself or your loved one. We work with both you and the Participating Communities in your search. We do not permit our Advisors to have an ownership interest in Participating Communities.
II. How We Are Paid.
We do not charge you any fee – we are paid by the Participating Communities. Some Participating Communities pay us a percentage of the first month's standard rate for the rent and care services you select. We invoice these fees after the senior moves in.
III. When We Tour.
APFM tours certain Participating Communities in Washington (typically more in metropolitan areas than in rural areas.) During the 12 month period prior to December 31, 2017, we toured 86.2% of Participating Communities with capacity for 20 or more residents.
IV. No Obligation or Commitment.
You have no obligation to use or to continue to use our services. Because you pay no fee to us, you will never need to ask for a refund.
V. Complaints.
Please contact our Family Feedback Line at (866) 584-7340 or ConsumerFeedback@aplaceformom.com to report any complaint. Consumers have many avenues to address a dispute with any referral service company, including the right to file a complaint with the Attorney General's office at: Consumer Protection Division, 800 5th Avenue, Ste. 2000, Seattle, 98104 or 800-551-4636.
VI. No Waiver of Your Rights.
APFM does not (and may not) require or even ask consumers seeking senior housing or care services in Washington State to sign waivers of liability for losses of personal property or injury or to sign waivers of any rights established under law.
I agree that:
A.
I authorize A Place For Mom ("APFM") to collect certain personal and contact detail information, as well as relevant health care information about me or from me about the senior family member or relative I am assisting ("Senior Living Care Information").
B.
APFM may provide information to me electronically. My electronic signature on agreements and documents has the same effect as if I signed them in ink.
C.
APFM may send all communications to me electronically via e-mail or by access to an APFM web site.
D.
If I want a paper copy, I can print a copy of the Disclosures or download the Disclosures for my records.
E.
This E-Sign Acknowledgement and Authorization applies to these Disclosures and all future Disclosures related to APFM's services, unless I revoke my authorization. You may revoke this authorization in writing at any time (except where we have already disclosed information before receiving your revocation.) This authorization will expire after one year.
F.
You consent to APFM's reaching out to you using a phone system than can auto-dial numbers (we miss rotary phones, too!), but this consent is not required to use our service.
Sadly there’s a lot of scams marketed to seniors on gold & silver. Not meaning to be snarky, but could dad have bought into one of these? If so, their basically worthless. There was a great article on this from AARP September 2016 especially on the Merit gold & silver investment fraud.
But think of it this way - vehicles, boats, stocks, mutual and real property don't have to be liquidated to be funded into a trust. Title is transferred from the individual owner to the Trust.
Couldn't this be done for the gold and silver assets as well? And perhaps they might increase in value before the trust becomes irrevocable on death.
What documentation do you have evidencing the gold and silver? There's probably something evidencing them. You might want to check with the dealer from whom they were purchased about the movement upward or downward of their prices to determine if you'll maximize their value by converting to cash now.
But I definitely would speak to an estate planner with some background in mineral assets to determine if you couldn't just transfer ownership to the (and fund them into the trust) w/o liquidating them.
These comments don't address any potential Medicaid issues, just the specific gold and silver assets and funding into the Trust.
Blessings,
Jamie
Many thanks to you and jjariz for responding.