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My elderly grandmother, 93 years old, requires live-in care. My parents have been working with a live-in care provider to organize care. My grandmother has full mental capacity to sign a services agreement. However, the provider says that my parents must be a guarantor. When pushing back, they say its because my grandmother is in hospice care (less than 6 months to live). This makes me feel uncomfortable. Especially as grandmother is the one paying for the care and has plenty financial means to cover the costs.



Any thoughts?

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Hospice care is fully paid for by Medicare.
Something is wrong here.
NEVER sign as a guarantor of ANYTHING.
If you are not POA now and grandmother is capable of making a trusted family member the POA (mentally capable) then get this done by an attorney (they can visit care homes). Then it is signed with your grandmother's name and the POA can put "by Grand Daughter as POA."

If you sign it is YOUR BILL.
You need to know that right now and tell anyone who asks you to sign your name on any documents that you cannot sign such a thing.
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newbiewife Apr 24, 2024
Your advice still applies, but it's OP's the parents who are being asked to be guarantor.
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This sounds weird to me also. Hopefully your parents are your Grandmother's PoA. Maybe they can help her put the required funds in an escrow account rather than have a guarantor? But if Medicare pays for hospice... what's going on here?
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Bottom line, do not guarantee anything it can become a trap. They know that ppl die, just another way to secure funds from concerned others.

No one knows exactly how long Grandma will live, 6 months is their benchmark.
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I guess its for the live-in care? Want to make sure they get paid if Mom dies. If a parent is POA, they are guaranteeing that the money is there ascGMs representative. Putting POA behind their name means they are not personally responsible. May be a good idea to consult with a lawyer.
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Don’t do it. Look for an alternative. Don’t start off with red flags.
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Find a different company.
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