Hitting crisis point as predicted

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I would talk to a CA based elder care lawyer. You should probably avoid doing anything that would make it harder for them to qualify for Medicaid, if needed. I think selling the house would be in that category but a specialized lawyer would know better.

They are in AZ so I don’t know what a CA lawyer would have to say that’s relevant? My parents have a home that’s worth a lot of money, that’s too much home for them. I don’t understand why anyone would subject their folks to Medicaid housing/living, if it could be avoided, given how dreadful a lot of those places are. The home is in trust so Medicaid could not attach it anyway. The ultimate goal here is for my parents to use their own asset for their own care, while BOTH are alive. When ONE passes, the situation becomes both financially and logistically easier to manage. Too many cooks, and all that.

Sorry I thought OP's parents were in CA, obviously they should consult a lawyer based in the state where the parents are. Medicaid can pay for home care in some cases too and there may be good Medicaid nursing homes depending on the state (and if you get on a wait list early). My grandparents were in a great Medicaid nursing home. OP can't impovrish herself to pay for her parents care so that may be the only option.

I'm OP and yes, I will NOT impoverish myself to pay. Both my parents refuse nursing home care. Can consult a lawyer re: their home/trust. I believe their social security puts them over the threshold to qualify for Medicaid. When one passes, that will change.

They could spend down their SS to qualify for Medicaid if they end up needing long term care. At a certain point if they can't live independently and no one will take care of them, they may end up in a nursing home whether they want to our not (esp if they are hospitalized and then can't be discharged home).

Yes, this is called a Medicaid Income Spend Down. In Arizona it is called a Medically Needy Pathway.

https://www.medicaidplanningassistance.org/medicaid-eligibility-arizona

[Anonymous]

Anonymous wrote:Wait, OP.

You say that your parents have a house that is worth a lot of money? But -- it is in a trust?

So they *cannot* just sell it, downsize, and use the proceeds to hire in home care for themselves.

Are you, your brother and sister the beneficiaries of this trust?

Your parents are expecting you to pay for things, because you will be the ones to inherit the house?

Sure they can! We all agree that they sell the house and the money is theirs

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I would talk to a CA based elder care lawyer. You should probably avoid doing anything that would make it harder for them to qualify for Medicaid, if needed. I think selling the house would be in that category but a specialized lawyer would know better.

They are in AZ so I don’t know what a CA lawyer would have to say that’s relevant? My parents have a home that’s worth a lot of money, that’s too much home for them. I don’t understand why anyone would subject their folks to Medicaid housing/living, if it could be avoided, given how dreadful a lot of those places are. The home is in trust so Medicaid could not attach it anyway. The ultimate goal here is for my parents to use their own asset for their own care, while BOTH are alive. When ONE passes, the situation becomes both financially and logistically easier to manage. Too many cooks, and all that.

Sorry I thought OP's parents were in CA, obviously they should consult a lawyer based in the state where the parents are. Medicaid can pay for home care in some cases too and there may be good Medicaid nursing homes depending on the state (and if you get on a wait list early). My grandparents were in a great Medicaid nursing home. OP can't impovrish herself to pay for her parents care so that may be the only option.

I'm OP and yes, I will NOT impoverish myself to pay. Both my parents refuse nursing home care. Can consult a lawyer re: their home/trust. I believe their social security puts them over the threshold to qualify for Medicaid. When one passes, that will change.

They could spend down their SS to qualify for Medicaid if they end up needing long term care. At a certain point if they can't live independently and no one will take care of them, they may end up in a nursing home whether they want to our not (esp if they are hospitalized and then can't be discharged home).

Yes, this is called a Medicaid Income Spend Down. In Arizona it is called a Medically Needy Pathway.

https://www.medicaidplanningassistance.org/medicaid-eligibility-arizona

My folks have their choice of three free places to live, all nice, clean, and in great areas, one around the corner. None of us care about inheritance, so the money from their home sale is their’s. I honestly don’t understand why there is so much push for the taxpayer to pay for them when they can afford their own care through responsible decision.