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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.
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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 the power of attorney of our family trust. I cannot mentally or emotionally handle my Dad abusing his money! I'm finding out he is entertaining unhealthy relationships.
Camcam, sounds like you are the "Trustee" of the family trust. Curious why your parents aren't the Trustees? Do either of your parents have health issues, or memory issues, and that is why you were named Trustee?
How is the Trust set up? Is Dad given money on a regular basis from the Trust? If yes, then he can do what he pleases with his money, even if he is not managing the money correctly. Unless he has Alzheimer's/Dementia where it makes it difficult for him to handle money.
Make an appointment with the Attorney who drew up the Trust and explain what is going on, and if there is anything that can be changed with the Trust. Hopefully the Trust is a Revocable Trust and not an Irrevocable Trust.
Dealing with trusts need to have an attorney. I’d suggest you get the trust and carefully review it, making notes as to what areas you don’t understand and take Trust and your notes to the law firm that did the Trust originally.
My experience is that it’s the type of trust will be the determining factor as to what can or cannot be done and your state laws determine the steps required. A revocable and Testamentary Trust probably can be terminated. Revocable usually have some sort of wording within Trust as to when to allow for a termination. Testamentary would have to be filed as an order request for probate judge & their in-house legal to review beforehand and determine if order to be signed off on. Irrevocable - if I’m not mistaken- has to go through a dissolution process. None of these are a DIY.
If Your father is spending trust assets, and there isn’t an income stream to feed the trust, it will get to the point where it flat defunds. This really can get messy especially if your the Trustee and it defunds. Really you want to plan a defund if at all possible. If this is what’s happening try to do a projection on when defund to occur to discuss with the atty. Try to plan defund like 6 - 8 months ahead of zero $. Really none of this is a DIY. Take your questions and concerns to the atty who did the Trust initially.
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.
How is the Trust set up? Is Dad given money on a regular basis from the Trust? If yes, then he can do what he pleases with his money, even if he is not managing the money correctly. Unless he has Alzheimer's/Dementia where it makes it difficult for him to handle money.
Make an appointment with the Attorney who drew up the Trust and explain what is going on, and if there is anything that can be changed with the Trust. Hopefully the Trust is a Revocable Trust and not an Irrevocable Trust.
My experience is that it’s the type of trust will be the determining factor as to what can or cannot be done and your state laws determine the steps required. A revocable and Testamentary Trust probably can be terminated. Revocable usually have some sort of wording within Trust as to when to allow for a termination. Testamentary would have to be filed as an order request for probate judge & their in-house legal to review beforehand and determine if order to be signed off on. Irrevocable - if I’m not mistaken- has to go through a dissolution process. None of these are a DIY.
If Your father is spending trust assets, and there isn’t an income stream to feed the trust, it will get to the point where it flat defunds. This really can get messy especially if your the Trustee and it defunds. Really you want to plan a defund if at all possible. If this is what’s happening try to do a projection on when defund to occur to discuss with the atty. Try to plan defund like 6 - 8 months ahead of zero $. Really none of this is a DIY. Take your questions and concerns to the atty who did the Trust initially.