I'm my mother's caregiver and her Power Of Attorney. Am I able to take a loan out on her home for her care?
I'm the poa as well as the caregiver for my mother. She lives with me. Am I able to take a loan on her home for her care..The house is paid for.. Im in Alabama
I would see an elder law attorney. You may be able to do this, but many issues will come into play. You'll want to make sure you are complying with Medicaid laws, so please get legal help so you protect yourself.
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Carol