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Reply to "Paying for assisted living, can relative keep their house?"
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[quote=Anonymous]That is fraud. If you have assets, you use them to pay. You cannot gift them to family, you cannot hide them. They pay attention to these things and will come after people - happened to a relative of mine when she was gifted funds by her elderly parents. She had to pay the money back. I now have 2 elderly aunts in assisted living in NY, they are probably the only full payers in the place. They would love to gift some of their savings to their great grand nieces, but cannot as it is fraud if its more then a few hundred bucks. [/quote]
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