Minnesota Aging Parent Package
Overview of this form package
The Minnesota Aging Parent Package is a comprehensive set of legal documents designed to help you support your aging parent in organizing their legal affairs during a critical stage of life. This package includes state-specific and multi-state forms that address essential health, financial, and estate planning needs. By utilizing this package, you ensure that your aging parent has the necessary tools to protect themselves from unforeseen events while safeguarding their legacy.
Forms provided in this package
- Statutory General Power of Attorney with Durable Provisions
- Statutory Health Care Directive as Living Will
- Estate Planning Questionnaire and Worksheets
- Personal Care Agreement for Home Healthcare by a Nursing Service
- Personal Property Inventory
- Financial Statement Form - Husband and Wife Joint
- Personal Planning Information and Document Inventory Worksheets - A Legal Life Document
Common use cases
You should consider using the Minnesota Aging Parent Package in the following scenarios:
- Your parent is approaching or already experiencing challenges related to aging.
- Your parent has expressed a desire to organize their legal documents for health and financial matters.
- You want to ensure your parentâs wishes are legally recognized in the event of a medical emergency.
- You wish to prepare an estate plan that reflects your parent's wishes and protects their assets.
- Your parent needs assistance coordinating health care and end-of-life decisions.
Who needs this form package
- Adult children looking to assist an aging parent in legal and health matters.
- Caregivers managing the affairs of an elderly parent.
- Anyone responsible for ensuring an aging person has a clear plan for health and financial decisions.
- Individuals seeking to protect their loved ones from potential legal disputes in the future.
How to prepare this document
- Review the included documents to familiarize yourself with their purpose.
- Gather your parentâs personal and financial information, including any existing legal documents.
- Complete the Advance Health Care Directive by discussing medical preferences with your parent.
- Fill out the General Power of Attorney, indicating who will manage financial decisions.
- Review and sign the Last Will and Testament, ensuring it reflects your parent's wishes.
- Store the completed documents in a secure location while keeping copies accessible for emergencies.
Notarization requirements for forms in this package
Some forms in this package need notarization to be legally binding. Our online notarization service, powered by Notarize, lets you verify and sign documents remotely through an encrypted video session, available 24/7.
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If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Mistakes to watch out for
- Failing to discuss preferences with your parent before completing forms.
- Not updating documents when circumstances change (such as a new marriage or divorce).
- Neglecting to store documents securely or not informing relevant parties where they can be found.
- Overlooking the need for witnesses or notarization for specific forms.
Why complete this package online
- Convenience: Access the forms from anywhere, any time, without the need for in-person meetings.
- Editability: Fill out forms digitally for increased accuracy and ease of use.
- Reliability: All documents are drafted by licensed attorneys, ensuring they comply with current laws.
- Cost-effective: Save time and money by purchasing a comprehensive package rather than individual forms.
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FAQ
Minnesota Medicaid's Elderly Waiver (EW) pays for home and community-based services for people aged 65 years or older who require the level of medical care provided in a nursing home, but choose to reside in the community. This includes those residing in adult foster care homes and assisted living residences.
As of 2020, according to Genworth's Cost of Care Survey 2019, the average monthly cost of assisted living in Minnesota is $3,800, which is under the nationwide average of $4,051 / month.
No, they aren't. As such, many seniors often end up paying all their money to the assisted living facility, especially if they live long enough in the facility.Additionally, the fact that many senior citizens think that an assisted living facility will take all their money is almost universally based on hearsay.
Medicare will pay for 100% of the cost of care up to 20 days at a skilled nursing facility and approximately 80% of the cost up to 80 more days. The care must be for recovery following an inpatient hospital stay. Medicare does not cover any cost of assisted living.
To receive compensation, the family member must undergo required training, become certified by the state and be employed by an agency. Minnesota law requires that the PCA be able to effectively communicate with the recipient and the agency and have the skills necessary to provide the required help to the recipient.
Minnesota Medicaid's Elderly Waiver (EW) pays for home and community-based services for people aged 65 years or older who require the level of medical care provided in a nursing home, but choose to reside in the community. This includes those residing in adult foster care homes and assisted living residences.
Elderly Waiver (EW): Program that funds home and community-based services for people age 65 and older who require the level of care provided in a nursing home and choose to live in the community.
In Minnesota, the average cost of care for a year is: $60,000 for an average of 44 hours per week of home care in your home. About $48,000 in an assisted living facility (this cost does not include services and additional fees). Over $90,000 for care in a nursing home.
