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Who usually petitions the court for guardianship?

Video Transcription: The individual who petitions the court for guardianship is usually a family member or friend. Under the law it has to be someone who is interested in that individuals welfare. It could be a government agency, such as Adult Protective Services....

Will long-term care insurance pay for care at home?

Video Transcription: Long term care insurance, depending on your policy can pay for care at home. Most long term care policies pay a daily rate for care either in a nursing home or assisted living facility. However, when you speak to your long term care insurance...

Will Medicare pay for a stay at a nursing home?

Video Transcription: Medicare will pay for a stay at a nursing home so long as it is for rehabilitation. Payment is limited under the regular medicare rules to 100 days, there are co-pays related to that. If you are on a medicare advantage plan, also known as medicare...

How does an agent use a power of attorney?

Video Transcription: An agent uses a power of attorney by producing a the original or a copy at, say, a financial institution where they would like to access a bank account to pay bills for the principal. They can also send it to insurance companies, retirement...

How does a power of attorney terminate?

Video Transcription: A power of attorney terminates upon the death of the principal. It can also be terminated by the principal by a written termination served on the agent and any of the individuals the agent has worked with. It can be terminated by destruction,...