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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.
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I am now the trustee of my dad’s estate and have been managing all of my dad’s life: home, caregiving, taxes, bills etc. for 3 years now and have not paid myself from the trust. Wondering what is reasonable and customary.
Ask an elder law attorney and enlist the elder law attorney's ideas as to amount; have him or her read the Trust to see what the Trust says; then draw up the contract, being certain, as you already do, to keep careful and meticulous records of EVERYTHING in your files for this. It's a big job. It was for me even with the simple Trust and POA for my bro. You are often on phone waiting just to negotiate a home in the ALF for hours! A Fiduciary, 3 years ago, got paid about 90.00 (I think that would be a lot for someone who agreed to be Trustee for a relative) an hour; gives you a ballpark figure. As Trustee you cannot enrich yourself off the trust but you can be paid to do the duties of the trust. Consult an attorney and know that the trust pays for THAT as well. I didn't charge for doing the work; but it was tough work especially at first in establishing everything.
Ask a lawyer. You don't need to make anything other than a call about this.
When my DH and I executed his father's will, the going rate was $20 an hour for any work done for and in behalf of the estate. BIL threw a fit and demanded that we do it for free. So we did. Just to keep peace. He sold 2 of dad's properties and took the commissions. It was VERY hard to work as hard as we did and not see anything to show for it. BIL, on the other hand, made over $10K. It's been 18 years, I'm still a little peeved.
DH and I have put this down in our will and we will be re-modeling the will this year. I think $30 an hour is now closer to the rate. Differs from state to state.
Wouldn't it depend on how much your father has and how much his trust is worth? I paid myself $20 an hour for all the work and managing I had to do for my father. He wasn't a wealthy man. The probate court in the town or city your father lives in will give you answers to how much you can bill his estate for your services.
I spoke to my father's attorney about this. Read through the trust. Does he give you authority to pay yourself? Most trusts say you can pay yourself a "reasonable and customary" amount, but gives little help other than that. In that case you would decide what is reasonable for the work you are doing. I see a lot of $30 a hour responses on line. I would probably also have a conversation with any beneficiaries of the trust to make sure they understand what your job as trustee is and that you are allowed to take a salary as trustee so there are no surprises down the road. I would keep detailed records of how many hours a week you work as trustee and what those hours are devoted to. If any of your siblings stand to benefit from his estate after he passes you will want to have documentation of what you paid yourself and for what to avoid being accused of self-dealing.
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.
When my DH and I executed his father's will, the going rate was $20 an hour for any work done for and in behalf of the estate. BIL threw a fit and demanded that we do it for free. So we did. Just to keep peace. He sold 2 of dad's properties and took the commissions. It was VERY hard to work as hard as we did and not see anything to show for it. BIL, on the other hand, made over $10K. It's been 18 years, I'm still a little peeved.
DH and I have put this down in our will and we will be re-modeling the will this year. I think $30 an hour is now closer to the rate. Differs from state to state.
I paid myself $20 an hour for all the work and managing I had to do for my father. He wasn't a wealthy man.
The probate court in the town or city your father lives in will give you answers to how much you can bill his estate for your services.
Check with an Elder Law Attorney.