Have old folks. Both degraded insanely bad in a year. Hospital did insane fleecing. Now in a 10k a month nursing home per person. 'The best trust lawyer in ’insert state’’ they hired is literally a better 'Call Saul' grifter who does conferences at elder care homes, council on aging places, and a rotary international member (grift organization that pretends the volunteer and do philanthropy). They paid her $50k and now we apparently have to dissolve everything because Medicare has a 5 year look back period.Just be aware. Everything must go. People telling you to squirrel everything away for a million dollars (which won't even buy a house in 30 years). It's all going to go. My grandparents house is worth 700k and it's going. The nursing home is literally taking my girl. It's going. Be aware.
>>62386339Counting on an inheritance to save your sorry ass? In your forties and still a broke loser? Dude no inheritance is going to save you because YOU are the problem.
>>62386359Personally, I’m more interested in protecting my parents from grifters. They could give everything to charity, and if that’s what they want i don’t want a shitty hospital is lawyer getting it instead
>>62386359When digital ID becomes a thing everyone will know your address and you will no longer be able to shitpost without having 500 pissed off people asking you "wdhmbt" directly to your faggot face.
>>62386383Are you another loser hoping to finally "make it" when your parents die?
>>62386367Hospitals and lawyers are corrupt money-sucking monsters. I agree with you there.
>>62386359Sorry I thought conditions were supposed to improve through generations.Did you even read my post? It's going. What am I supposed to squirrel away all my money in the s&p500 for 40 years and get absolutely fleeced by nursing homes when I start pooping my pants? My post is a warning. You enter this world with nothing and you will leave with nothing.
>>62386406What are you even talking about? Taking your girl? Do you even speak English?
>>62386367Step one: get your parent to set up a living trust. That will keep the estate out of probate and lawyers entirely out of the picture. Step two: (depending on your state) get your parents to set up a living will that will put limits on "heroic" (and expensive) life extending treatments that do nothing but burn money and prolong misery.There isn't much you can do to avoid nursing home expenses unless a family member can take them in and provide some care.
>>62386427I think you're the one that needs reading comprehension classes lmao. Keep it up, squirt.
>>62386457Nobody is giving you izzat points sir
>>62386339You should hired out of state, I'm serious, never hire anyone familiar with your case or familiar with the facilities in your state because if they're big enough to run a grift like this one, they're also big enough to bribe every lawyer who could most likely look at their cases to throw. This is rule #1 of lawyers: They are effectively legal mercenaries and can put as little or as much effort into your case as they want, and they work for the highest bidder.The great news is that you can still change this. It'll be pricey, but you absolutely can hire a second opinion, see if they have any opinions on your case or any opinion on if the first lawyer screwed you, and toss the first guy. Since it's clear you're getting scammed ,you need to seek some way to cut off the scammers BEFORE you return to trying to seek restitution.
>>62386339>5 year look back period.If your parents weren't greedy boomers they would do estate planning more than 5 years in advance and transfer assets to you, so Medicaid would cover their entire nursing home bill.
>>62386556Not my parents. Grandparents. Also part of the problem is they fell apart and had no clue. Evil lawyer lady was still glad to take their money 3 years ago. Had no idea about the look back period or shit.
That’s life under capitalism, kid. You either die in ignominy, alone in a run-down house full of garbage where you’ll go undiscovered for weeks until your neighbors file a complaint about the smell, or in a 10k/mo nursing home as Shaniqua unplugs your ventilator because the beeping was annoying her as she was watching Tiktok reels.
>>62386437Why are you so sensitive? Are you autistic?
>>62386577The lawyer not knowing medicare has a look back period is funny.This is common knowledge to pretty much every lawyer that works with old fags. She definitly grifted you. >>62386437You can get a doctor to say they cant make decisions. Bring them back some and hire a nurse to check in.you get their ssi checks too.Most you gotta worry about is the nurse narcing on you to older adult protective. But that just means they arent doing their job.
>>62386339People need to understand what's coming before they spend their lives believing they're building something for their family.My grandparents went from doing okay to declining hard in about a year. The hospitals vacuumed up money at every step. Then came the "care experts," the elder-law conferences, the trust seminars, the smiling professionals telling everyone they had a plan.They hired the supposedly best trust lawyer in the state. Fifty grand later, the answer was basically: liquidate everything. Sell it all. The five-year look-back rules mean all the clever advice about moving assets around, protecting wealth, and preserving an inheritance mostly turns into fantasy when the system finally comes knocking.Now they're in a nursing home that costs around $10,000 a month each. That's $20,000 every month just to keep the clock running.The house? Gone. Nearly $700,000 in value built over a lifetime, and it's headed into the furnace. Savings? Gone. Investments? Gone. Decades of work compressed into a few years of medical bills and long-term care costs.Everyone talks about becoming a millionaire like it's some magical finish line. A million dollars isn't what people think it is anymore. By the time future inflation does its work, it may not even represent what a middle-class family home does today. Yet people still imagine they're accumulating wealth that will survive them.What nobody wants to say is that for many ordinary families, the final stage of life has become a giant extraction machine. Hospitals, care facilities, consultants, attorneys, administrators—everyone gets paid before the next generation sees a dime.Maybe that's not every case. Maybe there are exceptions. But watching it happen firsthand changes how you see the entire system.The lesson isn't "get rich."The lesson is understand the rules before the rules understand you.
>>62386662Excellent post. That's what I was getting at. Learning this if I have anything I'm probably just transferring everything to my kids when I hit 65 and praying there's a robot that can wipe my ass or I'm eating a shotgun slug the moment things go downhill.
>>62386662literally garbage AI slop fuck I hate the internet
>>62386406>Sorry I thought conditions were supposed to improve through generations.lolthanks OP that was funny
>>62386437>There isn't much you can do to avoid nursing home expensesgive them the keys to a car and a bottle of whiskey, if your dad isn't a whiny little bitch, he'll know what to do
>>62386643>This is common knowledge to pretty much every lawyer that works with old fags. She definitly grifted you.she was probably assuming that the oldies she was interacting with would still be mostly fine within a decade.Big pharma is killing my parents in real time, im not sure they'll last until they're 80. All the pills are sucking the life out of them.
>>62386681By the time we're older we might get to become cyborgs, so ageing is going to become a non-issue or at least it will be minimized. There's definitely going to be robots before the end of this century. In that way, we hopefully won't have to worry about some workers who don't give a lick about us. Then again, we could have an entirely different world where there will be mass inequality far worse than today, but let's hope for the best.
>>62386339>>62386406I understand that what happened to you must be frustrating on a personal level. But you have to see the bigger picture. If parents were allowed to inherit money to their children, the system wouldn't be fair. A poor immigrant kid would be automatically disadvantaged. The medical cost is actually good, as it helps us to establish a system build on meritocracy.
>>62386339Saving and scrimping every penny to invest is a waste of your life. For most people the best thing they can do for themselves is save and scrimp $100k-$200k at the start of their careers and then just regularly dca a tiny amount for the rest of their working lives, let the market do what it wants and just go live life. I've seen people go full autist trying to min max their retirement, doesn't look like they actually enjoy living that much.
>>62387169>>62386339we're gonna need about infinity jeets shitting on the street outside your grandparents' home to build a fair and functional America
Nobody is forcing you retards into a nursing home.My parents are just going to live in squalor, or move in with me or my sisters when they can no longer physically function. Putting everything in my name.I plan on just dying. If something happens I already told my parents I'm putting all of my assets in their names, or my sister's names. Then they can just drop me off at the ER every day/week/month and I just won't pay the medical bills. I'll die in the living room and they can cremate me for $1,000 and dump my ashes in the backyard.
>>62387609Probably most sane person in this shit thread. When I became an adult, my mom gave her house, car, and savings to me. She lives with me now, helps me with chores, and I help her take care of herself, not giving a shit about medical or nursing bills. Once things start going downhill for me, I'll do the same.
>>62387910You make it sound easier that it is. Once she starts getting dementia it will start sublitlely and she will blame you for shit going missing. Then it will be accusations of you stealing. Then she will start becoming more irate and toddler like. 'helping her out’ will transition to her acting helpless on purpose and expecting you to function as a personal servant. Then she falls down the stairs and breaks a hip. Then she does it again. Then she falls and breaks her ribcage doing something retarded like closing a blind when you live on a private wooded lot. Hallucinations happen. She thinks you're walking around naked in the house. Then she's incontinent and you're having to wipe her butt.Just telling you it's not sunshine and roses.
>>62386887Are you sure it wasn’t their life style the past 60 years?
>>62387950Life isn’t easy, but would you rather take care of your family or leave them by themselves in their servings most vulnerable life stage?
>>62387963*in their second most vulnerable life stage*
>>62386359>doood dooderinoYou are broke and you have no real money
>>62387950Take her to canada
they make u sell ur assets?in my country the government just takes ur pension and pays that pension to the aged care facility to take care of uthat way the family keeps the family home
okay supposition there. Why not send them to a southeast asia nursing facilities. You take advantage in the price asymetry and put your parents 700K home on the rent market to pay for the nursing cost and maybe complete with your own salary.
Feels good to live in a social democratic hellhole. Here the cost of living at a nursing home is like 50% of the public pension.
>>62387609Older adult protective will absoluetly force old fags into a nursing home.
>>62387609this is the the thought you have until you are dealing with a 200lb+ immobile 80 year old who is cathed and diap’d up and needs one of those little cranes to lift them out of bed.
>>62387993lmao
>>62388340But you don't have to take care of them. The entire point of this is to let them be in hospital or nursing home racking up medical debt without having to worry you'll lose your inheritance in an inheritance asset settlement.
>>62386339Jews own the nursing homes btw.
>>62386359reading comprehension not even once. the takeaway of the post was to inform anons about asset protection and wealth planning. he wasn't complaining about not getting his inheritance. fuck you negros literally cannot read. why are you even posting? isn't it your holiday today? go outside with your pride flag and march with George Floyd. >>62387609theyll have sales reps at your home and talk your parents into it. as for you, when you are well enough to leave the ER, adult protective services will force you into a facility. >>62386867based and the only way out of the wealth extraction setup.
>>62388340Why would you let your parent get that fat if you’re taking care of them? Also home nurses are a thing
>>62388407Actually they ge:erally xfer you from er straight to nursing home.Anything else would be considered an "unsafe discharge"They stay in hospital racking up more cost for the room they take up until a bed is open in a state run facility where they waste away under the treatment of a understaffed team of rns,lpns,and cnas that have 0 emotional investment to you .
To add theres some states that dont consider self neglect ,abuse.But the states that do generally have a very robust assisted living network that is generally overpriced,understaffed and has a waiting list /revolving door where some adminstrators will kick out old folks just to bring new ones that dont rely on medicare paying the bill becuase they always take losses on them.
my job is making sure millennials and zoomers don't get an inheritancelolI can't count the number of times I've crushed the dreams of spoilt brats that thought he as set for inheritance.I could tell you how it could be arranged for their assets to not get touched but fuck you lol
>>62386406Its just a ragebaiter that tries to stir up drama in every thread, dont worry about them. They're right though.
>>62388479No one wants your advice faggot. Living trust and gifting to the IRS max each year will keep an elders assets from going to pay your food stamps.
>>62388429it’s a great question to ask yourself as you’re trying to change the diaper of someone who weights over 200 pounds by yourself
>>62387950dementia manifests in many different ways, the personality of the person suffering it is a huge signifier as to how they'll behave, i know of an old pinoy grandma who's had dementia for a decade, she's quite pleasant, manages to keep herself clean for the most part, and rereads the same books and magazines everyday and is entertained each time as she forgets them.She's like 90, yes her family takes care of her, but she's nowhere near the burden you'd think she is. Sure, thats the best case scenario but still.
>>62387957they mostly took care of themselves, the problem with my parents, is that once one thing went wrong with them, and they needed X drug or procedure to fix it, it all just snowballs.With my mother, it was a medium-grade schizophrenic breakdown, she'd always battled with visions and mild paranoia, mostly privately, but she had a total meltdown and has been on schizoid SSRI's ever since, making her act and feel much slower. She used to be VERY active, not anymore, she doesn't have the energy now, half-zombie.My dad has had blood pressure issues for many years, and he's just gotten his prostate removed because it had multiple tumors in it. He's on a huge regime of drugs and is deeply unhappy. The original causes? hard to say, my uncle had the same procedure over a decade ago.
>>62387319Or start with a simple zero risk, high return investment that is specifically for people that seek big gains, financial freedom, to retire or all three. Contingent to the duration of the option you choose.Viewpoint214.com
>>62388479So are you hinting at a forced ai bubble market crash since many people will have their assets tied up on schools.So if their income comes from school and all of a sudden they banned ai in classrooms then that would destroy the economy.But that would cause a crazy rebellion...
>>62389114>mother. make her a "fruit salad" with plenty of Manchineel fuit in it>dadFoxgloveOld people get old and then they die, if you can't accept that maybe you should kys and save the rest of us your prattling
>>62386494This. Idk why most retards are so naive just to assume their own lawyers are on their side just because they’re the ones paying them. They will sell you up the river in a heartbeat
>>62386339>The nursing home is taking your girl (inheritance)wtf are you talking about OP?are you schizophrenic or just really bad at english?
>>62386662> The lesson is understand the rules before the rules understand you.This is why I tell people that being poor is normal. Only 2.5% of people have 1m when excluding a house ffs.
