Is It Better to Remarry or Just Live Together?
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Read moreThe choice that is best for you will depend on your needs and the laws of your state. If you decide to rent and one of you enters a nursing home and you don’t have long-term care insurance, you will have to spend down your assets until the spouse in the nursing home qualifies for Medicaid. For information about Medicaid’s asset rules click here. If you buy a new house and end up applying for Medicaid, the house would likely not be counted as an asset, but the state may be able to put a lien on the home. For information on how Medicaid treats a home, click here and here. We strongly recommend that you consult with an elder law attorney in your state to find out the best course of action for you to take. To find an attorney near you, go here: http://www.elderlawanswers.com/elder-law-attorneys.
Local Elder Law Attorneys in Your City
Finding love later in life may be unexpected and exciting, but should it lead to marriage?
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My mother went from private pay to Medicaid pay in her nursing home January 1, 2013. She now has zero money and all of her...
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My mother was admitted to a nursing home in November 2016. At that time we applied for Medicaid and she was approved. In A...
Read moreMedicaid Rules, etc