Hi - I could use some advice on this.
Mom (89) is now in rehab in will be transitioning to Long Term Care. She has limited funds, and we'll be spending down her assets to the $2500 minimum for Medicaid.
There's about $30k in funds tied up in a few IRAs and an annuity, across different companies.
We have an executed POA form, listing my brother as the authorized Agent.
Each company has a different process, with different forms, for liquidating these funds, and I'm overwhelmed by this.
Mom is currently in rehab quarantine and is declining cognitively.
I'm not sure if I need an elder attorney or an elder CPA or something else.
We're located in Howard and Montgomery Counties in Maryland.
I'd appreciate any thoughts or suggestions.