Is there a waiting period or penalty if I sell my mother's house and car ($90,000), so she can qualify for Medicaid to use for assisted living or a nursing home?
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My grandmother is the beneficiary of an annuity left by my grandfather. She has kept it because she wants it to go to her two children when she dies. However, she recently fell and broke her hip. She's recovering okay, but considering she's almost 90, we think a nursing home isn't too far into her future. The only inco...
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Can my siblings help me pay for expenses like clothing, reading material, food, etc., while I receive Medicaid? Will any of us be penalized? Could they just put the money into my checking account as long as the total in my account goes down to $2,000 every month? I have no other assets. Also, can my siblings help me pu...
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Before she died, our mother put her house in the name of her six children. No money was transferred. After she died, the children sold the house for $70,000 and each received one-sixth of the proceeds after the sale expenses. A couple of years before the sale, the house was appraised at $87,000, but due to the economy,...
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My father has been diagnosed with Alzheimer's Disease. My mother has not, but she has been showing signs of memory issues. As their son, I am their agent under a power of attorney. Since they live far away, is there a way to protect them from being taken advantage of? Specifically, we are concerned about whether we can...
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My mom lives in an assisted living facility and is about eight months away from needing Medicaid. I understand she can spend down her money on personal items like furniture and clothing, but what about personal entertainment and social activities like the beauty salon, theater, and casino day trips? She was taking $500...
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What can I do if I believe that my brother used undue influence on our 95-year-old mother to get her to amend her trust? He took her to a lawyer to change the original trust, which split everything evenly between my brother and me. The new trust now goes to him and then to his kids. My mother began experiencing dementi...
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My mom is 93 years old and living at home with 24-hour care. We applied for Medicaid and have spent down her funds. We are awaiting financial approval and an opening at the nursing home to place her. Can we take out a reverse mortgage on the house to keep paying for her care at home until she can be admitted? And can w...
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My mom and dad both have passed. In 2007, they recorded a life estate deed on their house, listing their children as beneficiaries. The life estate was done through a lawyer as part of Medicaid planning. My dad was the last to die in 2018. Now the state wants to recover benefits from the house. Can the state recover Me...
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Our mother has some money that we would like to use to fix up her condo with new carpeting and appliances. My siblings and I actually own the condo. Our mom is currently in a rehab facility after she broke her hip, and she may have to stay in long-term care and be unable to return home. If she goes to long-term care an...
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