I need to find out if I should switch my husband, who is in a nursing home, to original Medicare now that Medicaid has approved him for benefits. We have a Medicare Advantage HMO plan that covers his medications. Also, does Medicaid cover the same prescriptions as the Medicare Advantage plan? In New Jersey, Medicaid co...
See the Answer
My mom has a power of attorney with both my brother and me named as agents. The power of attorney document lists our wrong addresses -- we have all moved since she first had it drafted. Is it still good?
See the Answer
If a person is applying for Medicaid or already receives Medicaid benefits, what is the penalty if his or her house does not sell for "fair market value"? Additionally if it is not realistic that the house would sell for “fair market value” because it needs work, will the state accept that?
See the Answer
My father went into a nursing home in Pennsylvania in December 2005. He immediately applied for Medicaid and had to cash in all his assets. His spouse was allowed to keep all her assets, their home, and one vehicle. In January 2005, my father transferred their home into his spouse's name only. My father lived in a...
See the Answer
I have been taking care of my mom for two years, but now she may need to go into a nursing home and apply for Medicaid. She wants to transfer the house to me. How do I prove living with my mom for two years so that I can qualify for the
"caretaker child exception"? Do I need utilities in my name?
See the Answer
My mother co-signed for a student loan. The loan is still active. Due to health issues she is now applying for Medicaid. Will being a co-signer on a loan affect her ability to receive Medicaid? If so, what can be done to remedy the situation?
See the Answer
My mother has a life estate in her current house. She would like to sell her house and purchase a smaller home. All the parties are in agreement. Can she purchase a life estate in the new house? How does the purchase of the new home affect capital gains for the beneficiaries?
See the Answer
We applied for Medicaid for my mom back in March 2018. We can't get any information on how long it will take to hear if she is approved. We are at the end of our rope. Where go we go for follow-up?
See the Answer
If children buy their parents out of a reverse mortgage, is that a transfer of an asset for less than fair market value, which would negatively affect Medicaid eligibility? In this instance the house could potentially sell for $600,000 to $700,000 on the market, but the buyout of the reverse mortgage wou...
See the Answer
My wife may need to go into a nursing home and apply for Medicaid in a little more than five years. She has $930 a month in Social Security and no other income. She does have term life insurance policies of $180,000. I have a pension of $3,500 a month, income through work of $100,000 a year, and $350,000 in term life i...
See the Answer
Elder Law Answers