That's right. You're
picking up the tab - Mr. and Mrs. Taxpayer!
Our grandparents and parents are from a generation of savers; people who
worked hard, sacrificed, and saved every possible penny for their golden
years - and for their children. While not all wealthy, they have amassed enough
funds to see them through their lifetime, with hopes and dreams of
travel, spending time with family and friends, or pursuing new
guardian/conservator has picked the Ward's financial bones, the Ward becomes a public charge,
on Medicaid, for the remainder of his/her life.
In other words, the guardian and
other fiduciaries pauperize the Ward and then leave the Taxpayers holding the bag while those fiduciaries are working with their
headhunters to find new
No one knows how many billions of dollars
this "welfare racket" for unethical guardians and other fiduciaries costs the
Taxpayers. If anyone is keeping track, no one has been concerned enough
to end it - until now!
Not even the IRS. The
NY Post's article "Judge Money Melee Guardians Lax on Tax"
reports retired Judge John Phillips' two former guardians failed to file
his tax returns for five years, running up a million dollar tax bill
against his former ten million dollar-plus estate. Why?
Because they wanted their share first! Judge Phillips,
thanks to his court-appointed "protectors," only had a few hundred
thousand dollars left and was in pretty good health at the time the
article was written. (He has since died.) So, who was going to pick up the tab for his care when
they finished picking his financial bones? The guardian? The guardian's
attorney? No way! You were!
com/seven/ 09032007/ news/regionalnew s/judge_money_ melee.htm
When they're through
"Milking the Helpless,"
Who's paying for lifetime care?
YOU ARE! If you're a taxpayer!
Read all about it:
"The Fleecing of
Medicaid and the Taxpayer"
Guardianship abuse and conservatorship
abuse IS elder abuse!
(c) 2006 NASGA