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Reply to "Elderly parents, disability, medicaid and social security - your experiences"
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[quote=Anonymous]If he is marrIed, his wife can keep the assets if she says she relinquishes the responsibility of his care. Otherwise besides a house, car and funeral/grave site pre paid plans, you must spend down all the assets on his care. When money is gone, then he can be taken care of by medicaid. There is a 5 year look back on gifts so don't take any gifts. They will ask for it back. If the spouse does keep the assets, there is a maximum amount she can make per month.[/quote]
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