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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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Mostly Independent
Your loved one may not require home care or assisted living services at this time. However, continue to monitor their condition for changes and consider occasional in-home care services for help as needed.
Remember, this assessment is not a substitute for professional advice.
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Not if you want to stay out of jail. You being Executrix has a legal fiduciary responsibility that does not allow you to "borrow" from your wards. How would you like it if your bank just "borrowed" some money from your account without your knowledge. No, get your money from somewhere else. Earn it or borrow it from a bank or loan shark. Merry Christmas!
It depends on what the document states...executors have no power until parents death......trustee manages the trust. As the person said before me, generally, the asets are for the benefit of the beneficiary stated in the document... not the trustee. I am not an attorney...double check.
Absolutely not! I am executrix of my father's will. I am being sued by my stepmother's POA who squandered HER assets, then came after my father's assets. He is home free because she won't ask him for an accounting but I had to prove where I spent every penny. I came up clean. But he got away with it. DO NOT take a penny. It will bite you in the a** if you do!
No, but if it does happen. Two of my siblings were executors of mom's will. One of them also used to be POA. Both borrowed money. Both are no longer executors of mom's will and also one is no longer POA.. I am now POA and executor of mom's will. Mom's attorney explained to her (and me) anyone who has "borrowed" money from someone's estate should not be an executor or POA and so updates and changes were made.......and now I rest easy knowing everything is as it should be.........
Typically this is avoided. Please check with an attorney before attempting this. It might be possible for the trust to make such a loan but it would likely require clear paperwork and a competitive interest rate. It should look on the surface like it is a good deal for the trust, not an advantageous situation for the Trustee.
No do not borrow any money from the parents or estate! The money is for the care of the parent and in no way shape or form is to be used as a bank account to borrow from.
Wake up daughter! You say your sister did this and that And that you didn't think it seemed right. What do mean SEEMED? I will be a little harsh and critical here. You knew things were not right. Your mother in bed all day? Really .....You must become assertive . Take the bull by the horns. The minister? Prett soon itwill be a3 ringcircus. You can do it. Get your family to jump inwith both feet.. .Get some real advice sister. Your mom needs you I think.
People are answering a lot of different questions here: there's a bunch of opinions about what's ethical, and there's a bunch of stories about abuses of the executor position, and there's some confusion about what rosie6700 is actually asking or what's behind the question. The answer to the general question "Can an executor borrow money from a parent?" is, yes they can: pretty much any negotiated arrangement is possible in principle. If the parent is alive, he or she can certainly agree to lend money to a child independent of whether or not that child is named in the will as an executor. If the parent is not alive and the child named as executor is already playing that role, it's incumbent on the executor to manage the estate and to be answerable to all the heirs for any and all transactions. Whether a loan is a good idea or a terrible idea is a different matter. And to do a good job of handling loans within a family or an estate, please think it through involving all parties, get a lawyer to help write a clean, legally binding, mutually acceptable contract, and then follow the contract.
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.
And that you didn't think it seemed right. What do mean SEEMED? I will be a little harsh and critical here. You knew things were not right. Your mother in bed all day? Really .....You must become assertive . Take the bull by the horns. The minister? Prett soon itwill be a3 ringcircus. You can do it. Get your family to jump inwith both feet.. .Get some real advice sister. Your mom needs you I think.
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