I provide housing for an elderly parent that might need a nursing home or substantial home care in 1-5 years. She has a little retirement savings left (maybe 50k?), a car and social security. No long term care insurance.
I’m new to this and the online articles are confusing and recommend talking to an elder care attorney. Before we do that, can you explain the legit ways for her to become Medicaid eligible?
I live in a state with filial support laws and don’t want to go bankrupt over her needs.
I have 2 kids going to college soon and can’t afford 5-10k a month for a nursing home in any scenario.
Submitted June 20, 2023 at 06:45AM by Jaded_Future967 https://ift.tt/HawPbO8
