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Eldercare
Reply to "MIL has money but chooses poverty"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Have her gift you the money and then she will qualify for government housing. If it’s more expensive than section 8 (something like below market rate housing) you can pay for it from her gift. [/quote] No, then she'll be out of luck with Medicaid when she needs a nursing home because of the look back period. Even aside from defrauding the housing program. [/quote] The law has all loopholes pretty much tied up, because obviously people are going to do this. She has dementia and was never mentally healthy in the first place, so her kids need to force her, by hook or by crook, into some sort of long-term rental. No purchases, because she will shortly have to get into a memory care unit or similar, whether or not it's paid by her or paid by the state. There are institutions, OP, where the patient pays with their own money at first, and when everything is gone, they stay onsite with Medicaid. But her kids need to do their research now, because there are waitlists everywhere.[/quote]
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