Mar 31, 2016 - 08:28 AM
I imagine you are asking this with Medicaid in mind for down the road. If that is the case, as long as mom's money is being used for HER and no one else, you can use the money for virtually anything. Key fact is that it's for her. She shouldn't be gifting money to family members or anything of that nature. Additionally, if she does hire a caregiver, make sure there is a written contract in place signed by the caregiver and mom's power of attorney (if her Alzheimer's is at the point where she is no longer decisional). Having a signed, detailed agreement is very important if applying for Medicaid down the road becomes necessary.