Is there any "requirement" that said SS recipient is "declared" incompetent? I didn't see one, all I saw was that it was basing it on their ability to handle their own finances... Anyone have a link to the legalese? (I'll prob. look it up after I get up, so no worries)
I'm just kind of thinking about my parents who just got on SS. My Father is a [ret] 3 star general, commander of the national guard, commander of the youth academy, commander of the Alaska missile defense, and now a volunteer police man. My Mother worked 38 years for the FAA, management for logistics. Both of them have carry permits, not only for Alaska, but for their new home state of Nevada. (Yes, they went straight from the arctic to the desert... The first year or so was amusing.)
Thing is they're wealthy so they have peeps doing all their shit for them, including an accountant/lawyer group that handles their will and us kids' inheritance, grandkids college accounts, investments and savings bonds, etc., and they pay most (if not all now that they're out of disconnected Alaska) of my parents monthly bills so my folks don't have to worry about anything - they basically send this group $X per month and everything left is play money, then the company puts x% into investing, x% into bonds, x% into the grandkids play money accounts, pays the bills, dues, and themselves of course.
I'm more concerned about my father though, he was /never/ able to balance his checkbook(s). His first wife took care of all that for him straight out of his parents house, and my mother has handled it for the past 38 or 39 years. My mom had said when she met him, in between wives, his finances were an absolute disaster and she had to pay double and triple months worth of bills; he basically didn't pay anything until the biller called him up and said hey, you owe us money. lol She used to joke that if she dies before he does he'll end up with no electricity because he doesn't even have the slightest idea who to call. Which is actually the reason they hired this group to handle everything, in case she does die (again... she had a heart attack, so technically she already died 3 times, was a real wake up call.) Anyway, honestly, if they weren't wealthy, they'd be constantly in the red from NSF fees alone, he's got his own checking account that they had to set up to take money out of my Mom's checking account if he over draws his "allowance." It's ridiculous I agree 100%, but I can assure you he's not mentally unstable, just a full on retard when it comes to finances. (and mechanic's, good grief. Oil? transmission fluid? WINDSHIELD WIPER FLUID? What is this stuff? He once put transmission fluid in the oil, oil in the washer fluid, and washer fluid in the transmission, no joke - destroyed ALL THREE vehicles engine's. *sigh* They have to take their vehicles to the dealership every 3 months cause my Mom is just as clueless... Oh, but /I/ had to know how to do /all/ of it before /I/ was allowed to have a car. They made me take a month long course on "basic car maintenance" before I could even take my permit test lol)
