What Happens to a Medicaid Recipient If the Community Spouse Dies First?
When one spouse is in a nursing home and applying for Medicaid, planning has to take into account the possibility th...
Read moreYou have it right. When your mother receives her inheritance, you or whoever is representing her will have to inform the Medicaid agency for your state. Medicaid coverage will then end until she has again spent down her money to the countable asset limit, $2,000 in many states. The money can be spent for anything that will benefit your mother, including prepaying her funeral, travel, dining out, clothes, television, DVD player, and paying off any debts she may have. In most cases, your mother cannot make gifts with her money. However, there are some exceptions to this rule and in some states good planning techniques that may permit some gifting. To be sure, you will need to consult with a qualified elder law attorney in your state.
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When one spouse is in a nursing home and applying for Medicaid, planning has to take into account the possibility th...
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A nursing home closure can be traumatic for residents who are forced to move. Although there may not be much that can...
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When one member of a couple moves to a nursing home, we expect that spouse will be the first to die, but this isn’t...
Read moreMedicaid Rules, etc