The Alzheimer's Advisor: A Caregiver's Guide to Dealing with the Tough Legal and Practical Issues
This book provides a guide to the legal and ethical aspects of caring for a family member with Alzheimer's disease. Read more
First, I may be a stickler, but I’d like to clarify that the state doesn’t “take” anything. It simply doesn’t pay for nursing home care until the resident qualifies for Medicaid which can involve spending down assets. That said, your sister needs to consult with a local elder law attorney. States differ in their treatment of IRAs and, even if the money does have to be spent down, there are many strategies for protecting the assets of spouses of nursing home residents. (Fortunately, the IRA is in her name and not her husband’s.)
For more on how IRAs affect Medicaid eligibility, click here.
Local Elder Law Attorneys in Your City
This book provides a guide to the legal and ethical aspects of caring for a family member with Alzheimer's disease. Read more
My 92-year-old mother has a trust that divides her assets three ways (me, my brother, and my sister) when she dies. My bro...
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My father went into a nursing home in Pennsylvania in December...
Read moreMedicaid Rules, etc