We are afraid our Great Aunt is going to run out of money before she qualifies for Medicaid due to the limit of $2000.00 assets limit.. Her monthly cost is $3090.
I know a Miller's Trust can be set up to take care of the overage of income but what can we do to save money so my husband & I don't have to pay her expenses ?
like what's happened in my situation - rehab being paid for by Medicare was over, Medicaid application was done, triggering, I believe, the 5 yr. lookback period during which they're finding the $7 unaccounted for so they're not paying - maybe the NH's keeping her, at least for now, on the "Medicaid pending" status, with the idea she will end up being approved but not sure how it's going to go