Reply to Explain hiding assets from medicaid

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]He has to make an appointment with a lawyer specializing in eldercare finances. Because of the look back period, it has to be done sooner rather than later.

And then, if it turns out he doesn't want to, or cannot, be in a Medicaid facility, the money will still be there to pay for alternative care.

So I'm not sure why you're balking, OP. Usually the elderly are a lot less accommodating and refuse to let go of their assets.
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Any person who watches an elder person put their assets in trust so they can go into a Medicaid place and pass the money on to you, you are not a good person.  Sincerely.  This is F-ed up.[/quote]

For a lot of people, it is really hard to give up your assets after working so hard your entire life. It’s not always about passing the money on to kids but the kids can sell the home and pay for additional care for their aging parent. [/quote]

Also, CCC plus waiver in VA maxes out around 56/hours per week that Medicaid pays very little hourly for. So, that is a lot of hours/week left unattended if you utilize home based services. [/quote]

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