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Eldercare
Reply to "My mother just told me that she will pray that God will strike me down and that I will die"
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[quote=Anonymous]If you can, have her start paying you a fair market rate for room and board now. Medicaid will require her to spend down her assets before eligibility—they will look back a certain time period and essentially claw back any gifts but not fair market rent paid to a family member. You can put it aside and use it to buy little extras for her when she does go into care, or use it for respite for yourself while she lives with you, or transitional costs. We realized that one too late.[/quote]
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