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Originally Posted by banyon
If she has any assets to speak of, make sure you plan as best you can while she still has some of her faculties.
The thing that stings most people is that they can't really afford Nursing Home care without going through Medicaid. Medicaid won't let you do it though without doing what's usually called a "division of assets" where they get a stake in her nonexempt assets. The real problem is that there is a five year look back period if you try to transfer anything out of her name. So if that applies, you may need to talk to an estate planner of some kind.
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yep and they go back 3 years so you have to do things BEFORE you really need to.