My mother-n-law just became a widow on July 28, 2008. Her husband of 57 years was a retired Lt. Col. from the U.S. Army and had currently been living in an Assisted Living Facility for over 4 1/2 years as well as her also living in an Assisted Living Facility until 5/6 months ago when she entered a Nursing Home. Since the bills during the over 4 years at the Assisted Living Facilities were more than their income combined, a credit card in his name was being used to help cover expenses at the Assisted Living Facilities. The finances are currently down to only her Social Security benefits of approximately $1,004.00 per month without any other assets other than two credit cards which have amounts of $23,000.00 and $5,500.00.
One of the two children has power of attorney and has been assisting them both with their finances in the past.
? Will this cause that child with the power of attorney to be held responsible for those credit cards?
? Should credit card insurance be taken out on these credit cards for the widow and/or their children,
no matter what it costs?
? Should a death certificate be mailed to the credit card companies?
? What should I do and who can help me?