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Personal Finance (Not Investing) • Re: Long Term Care for MIL...

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MIL lives in a house with her (unhelpful/younger/healthier) sister.
The house is joint ownership with right of survivorship.
Did you discuss this with the elder attorney? Need to understand how that affects a Medicaid spend down for proper planning. It may not be as simple as just changing the title. Medicaid has a lookback-- 5 years if I'm not mistaken.
Yes, we know that this is one of the issues that must be discussed. It may be the case that the aunt is also in a challenging position due to the joint house ownership. We tried to warn them over the past 10 years to discuss this with an attorney. They chose not to discuss this with anyone. They have ignored our suggestions for more than 10 years.

Statistics: Posted by zeldak — Sun Jun 09, 2024 5:25 pm



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