My elderly father has lived with us for the past (approx) 6 yrs. His health is failing Dr suggested skilled care & possible nursing home later! I am on his joint ck acct and his truck title. He will no longer be able to drive! Also, how much "gifting" can be allowed to family members? Obviously and unfortunate - I'm talking about "hiding" assets so NURSING home costs don't eat up the remaining funds! ANY suggestions?
The best thing to do is have your father apply and be approved by Medicaid, then that way Medicaid will help pay for any nursing home care for the rest of your father's life.