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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OP, please speak with someone who is versed in estate planning, especially in view of Medicaid. What is being proposed here sounds sensible, but a Medicaid administrator may see it is an illegal divestment of assets. If that is the case, then your mom would be compelled to recoup those funds then divest of them in a way that they deem legal. It's not worth messing up, especially if your mom were to suddenly need nursing home care.

GL to your mom and to your and your family.[/quote]

I second this about the risk of Medicaid seeing it as a violation of the look back period. Several hundred dollars for 1-2 hours of a good eldercare attorney’s time, specific to your state’s rules, may save you thousands of dollars later. It should be fine to prepay the (surprisingly hefty) funeral expenses, but I can only speak for Maryland.[/quote]

Funeral prepay is allowed BUT you want to make sure the expenditures you opt for are within the state guidelines.

Make sure the eldercare attorney is good. Ask them for the types of cases they've had where they've been successful. [/quote]

Don't waste your money on an attorney given how little there is.  There is zero need for it.  Just call the office and talk to them.  I did it completely without an attorney.[/quote]

What “office” to you mean when you say “call the office”?[/quote]

The long term care medicaid office.  That's how I did it.  I went in and met with a worker for a few minutes.    Then, found a nursing home bed, which took months, then applied and was approved (only issue was I could not account for some of the money but I had proof who took it so they waive that).[/quote]

That’s helpful to know they have an actual office for Medicaid. I hate talking on the phone with these people. Is there one in Maryland?[/quote]

Was your loved one approved for Medicaid already when entering nursing home or did they have a couple months of money to pay? My loved one has around $30,000 in a bank, no real estate or other property, and pays me a below market rate amount for room and board at my house.[/quote]

Neither.  My MIL got social security and we used that money for all kinds of needs, but didn't take "rent" - we tried an adult day care, for example that was terrible and she had health care bills (current) as she couldn't get regular medicaid here even though she had it in her home state.

In order to get long term care medicaid, you have to find a nursing home that will take medicaid pending.  It took me many months to find a place that  would accept her medicaid pending.  So, you find a bed at a nursing home, then you apply in Maryland and then they approve the person.  The nursing home takes the risk of the pending and they get paid back if approved and if not they lose the money and kick your loved one out.

Your best bet is to take that $30K and pay for 2 months of nursing home care in a facility and prepay funeral costs that will accept medicaid and as soon as they get into the bed apply for long term care medicaid.  Or, they can go into a bed from a hospitalization but we didn't have a hospitalization.  [/quote]

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