Quote:
Originally Posted by Slava
I think society in general is going to have to find a way to help people deal with kids handling things for adult parents. I don't really have a solution here, but it's just so difficult at this point to take care of things that should be pretty basic.
Here's an example. We sold my moms place and she's in long-term care now. She no longer needs the property insurance policy (seeing that she no longer resides there and has no insurable interest). But cancelling this for her is just jumping through a bunch of hoops. I get it...you can't have people running around cancelling insurance for people and them needing that coverage. But at the same time, if that place burns to the ground today, the insurance company isn't going to honour a claim from my mother! And if it was just the insurance you could kind of understand. But then it's every little thing. "We need to have your mom on the phone for the conversation"...well yeah, ideally that would be fine, but people who haven't dealt with this (or companies with these kinds of policies) just have no idea of how inconvenient and difficult that kind of thing is at this stage.
|
when my dad was diagnosed with his cancer one of the first things he and my mom did was go and put everything into just my mom's name to make things easier for her after he passed away. the only item they couldn't do it for was their house. it was possible but it was a ton of work to do. the guy they were dealing with told them that as brutal/blunt as it sounds, it's waaaay easier to do once my dad was gone and my mom had a death certificate - so that's what they decided to do.
my mom is hoping to sell the house and downsize and at that point we'll likely put things in both her and my name to make things 'easier'.