I have to clean out her apartment. Pay her bills, take care of her needs at assisted living. She had a injury and has dementia. Can she give her grandchildren a one time gift of $10,000 each? I heard a caregiver can receive $1400 a month. I want to know what my legal rights are.
If the Power of Attorney gives you the right to give gifts you can do so in keeping with what your mother used to do. However, you should be VERY careful becuase any gifts that you give could impact her ability to get Medicaid coverage years form now if she runs out of money but still needs care. You should consult with an attorney and discuss Medicaid planning before giving gifts.
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