If as a parent and child, you have agreed that the child will care for her parent in exchange for compensation, you need to work with an elder law attorney to draft a caregiver contract, as discussed in earlier posts.
What will your attorney put into the contract? She will list...
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Helping an SSI Recipient (or Anyone) Manage Money
Do you help someone manage their money? Perhaps you are a representative payee on the Social Security checks of an SSI recipient? Or maybe you are the trustee of a special needs trust?
Would the person whose money you manage – let’s call her the recipient – like to have some...
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