Elder Law, Will having a durable power of attorney prevent the need for a conservatorship? You Might Also Like Will my loved one get worse care in the nursing home once Medicaid starts paying for his/her care? Should I notify my bank about a durable power of attorney? Do I have to wait five years after giving anything away to get Medicaid? Do I need to have my loved one evaluated? And by whom? If I give my agent immediate powers, do I forfeit all rights to make financial decisions?
Elder Law, Will having a durable power of attorney prevent the need for a conservatorship? You Might Also Like Will my loved one get worse care in the nursing home once Medicaid starts paying for his/her care? Should I notify my bank about a durable power of attorney? Do I have to wait five years after giving anything away to get Medicaid? Do I need to have my loved one evaluated? And by whom? If I give my agent immediate powers, do I forfeit all rights to make financial decisions?