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Definitely worthwhile; my caution would be as to the manner in which a POA is executed and as to type, presuming you're referring to a power of attorney for finance. In the hands of an unscrupulous child, it can bankrupt the parent. My parents also had an older trust and general POA for finance (the most 'dangerous' kind) and durable POA for health care and, also, the documents were older and hadn't been updated and, in my case, one sentence missing from the financial POA caused about a ten grand bill and court time to get fixed.So how many of you old dudes out there have a living trust and giving a child power of attorney? Wife and I need to do that. Because I am responsible for my mother’s safety and wellbeing this is why it had to be done.
Kudos to you, apparently benefits vary or have changed because even as the survivor of a 40 year state employee CALPERS provided nothing other than supplemental medical coverage during my 8 year stint as care manager and caregiver. That coverage was substantial but in no way paid for custodial care, that was on me, the estate and, later, MedicAid. Folks who might have known me during that early 2000's from Knotts and the feeds likely didn't know those were my getaways to save my sanity because caregiving for a dementia patient can be very costly to one's psyche.Phone call with CalPERS on Friday to get moms insurance started after the 90 day wait time. Going to cover almost half the cost. Thank you, dad, and thank you city of Tustin. But that took almost 45 minutes of answering questions about mom and why she is where she is.