My elderly grandmother, 93 years old, requires live-in care. My parents have been working with a live-in care provider to organize care. My grandmother has full mental capacity to sign a services agreement. However, the provider says that my parents must be a guarantor. When pushing back, they say its because my grandmother is in hospice care (less than 6 months to live). This makes me feel uncomfortable. Especially as grandmother is the one paying for the care and has plenty financial means to cover the costs.
Any thoughts?
Something is wrong here.
NEVER sign as a guarantor of ANYTHING.
If you are not POA now and grandmother is capable of making a trusted family member the POA (mentally capable) then get this done by an attorney (they can visit care homes). Then it is signed with your grandmother's name and the POA can put "by Grand Daughter as POA."
If you sign it is YOUR BILL.
You need to know that right now and tell anyone who asks you to sign your name on any documents that you cannot sign such a thing.
No one knows exactly how long Grandma will live, 6 months is their benchmark.