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I want to find out if my Mother's assets are protected if
I want to find out if my Mother's assets are protected if she went into a nursing home. … read more
RayAnswers
RayAnswers
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Doctoral Degree
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My dad is applying for medicaid and has just three small
My dad is applying for medicaid and has just three small life insurance policies we are cashing out to continue to pay for his in-home care until he's admitted. He has to have under $2,000 in assets t… read more
RayAnswers
RayAnswers
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Someone told my mom if she goes into a nursing home that
someone told my mom if she goes into a nursing home that they will take her whole life insurance policy and cash it in for payment, is that true? she just has medicare and the policy would be used for… read more
Attyadvisor
Attyadvisor
Doctoral Degree
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I am researching information about my mother's finances,
I am researching information about my mother's finances, etc., in preparation for a medicaid application. I have a lawyer. My brother and I are joint POAs. My mother and I have been in business togeth… read more
RayAnswers
RayAnswers
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My mother is applying for Medicaid in GA but she has too
My mother is applying for Medicaid in GA but she has too much in assets. We are trying to spend down her assets so that she is eligible. There are two accounts that have her social security number on … read more
RayAnswers
RayAnswers
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I live in PA and my grandmpther is going into a state
I live in PA and my grandmpther is going into a state nursing home. Can they take all her mutual funds and bonds? … read more
RayAnswers
RayAnswers
Attorney
Doctoral Degree
5,629 satisfied customers
My parents are setting up a special needs trust both to help
my parents are setting up a special needs trust both to help me and keep their assets in the under 8k limit for Medicaid if the trust pays taxes etc. they will have extra income is the trust a living … read more
RayAnswers
RayAnswers
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Doctoral Degree
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Medicaid expert please.. Albuquerque, New Mexico My 59 year
Medicaid expert please.. Albuquerque, New MexicoMy 59 year old Mother lives in a skilled nursing facility and is mentally incapacitated. My brother and I recently became her legal co-guardians this pa… read more
RayAnswers
RayAnswers
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Doctoral Degree
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My brother recently passed away with no Will. He is separated from his wife due to her nu
My brother recently passed away with no Will. He is separated from his wife due to her numerous infidelity issues, but not divorced. She served him with divorce papers 3 days before Christmas 2013 and… read more
Barrister
Barrister
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Doctoral Degree
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My father died last night. Will the $20,000 death benifit from
My father died last night. Will the $20,000 death benifit from insurance she is due to receive cause a problem with her medicare coverage? If so, is there a way to legally hide the money?… read more
Richard
Richard
Owner
Doctoral Degree
50,799 satisfied customers
My mother passed away in May of this year. In 2002 she filed
My mother passed away in May of this year. In 2002 she filed a beneficiary deed naming my half-brother and I. He told me that Missouri Medicaid has filed a lein against the house and that a lawyer he … read more
Law Pro
Law Pro
Doctoral Degree
19,000 satisfied customers
My husband needs nursing home long term care and will have
My husband needs nursing home long term care and will have to apply for Medicaid[Indiana] Do I[spouse] have to count the small savings that I have in my name as an asset? Will the government take it f… read more
Law Pro
Law Pro
Doctoral Degree
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Applying ffor medicare for my mother to go into a nursiing
Applying ffor medicare for my mother to go into a nursiing home and she has cash value in life insurance policy. Can funeral expenses for her be paid from that cash in adance to reduce amount of cash … read more
P. Simmons
P. Simmons
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Doctoral Degree
1,215 satisfied customers
My mom is in a nursing facility.She qualified for Medicaid.But
My mom is in a nursing facility.She qualified for Medicaid.But because her gross monthly income is $2105.70,this will go toward the nursing home.The case worker said an Irrevocable burial trust should… read more
LawTalk
LawTalk
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Juris Doctor
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My mother is going into long term nursing care. She already
My mother is going into long term nursing care. She already has Medicare/Medicaid coverage. A few years ago, she purchased a $10,000 life insurance policy to provide for burial expenses. The type of i… read more
Dave Kennett
Dave Kennett
Doctoral Degree
25,741 satisfied customers
My mom is already in a nursing home, but she has a small life
My mom is already in a nursing home, but she has a small life insurance policy - if I transfer ownership will this make her ineligible for medicaid to pay for her stay there?… read more
dkennedy
dkennedy
Attorney
Juris Doctorate
3,122 satisfied customers
My mothers n resthome with Alzheimers, Father died left me
My mothers n resthome with Alzheimers, Father died left me POA for mom. She has 25000 life ins policy which had 1100 cash value when she entered home some 5 years ago. They let her keep the policy cau… read more
legaleagle
legaleagle
Attorney
Doctoral Degree
7,047 satisfied customers
My mothers brother died 1 month ago and had excess money in
My mother's brother died 1 month ago and had excess money in his irrevocable trust burial fund in the amount of $7,000. My mother filed a short form, since there was no will and claimed the money as h… read more
Dave Kennett
Dave Kennett
Doctoral Degree
25,741 satisfied customers

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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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