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yes My husband is able to stay at home at this time I'm looking for information for the future should I have to put him in a nursing home which would occur should he lose control of his bodily functions.
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Children, will you be needing to make an application for Medicaid on your husband's behalf?

I'm afraid this isn't my area but other people who know a great deal about the subject will be along in a minute, I'm sure. You're wise to look ahead.
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So, the way I understand how this works in the US is that Medicaid has no interest in impoverishing the "community spouse" (the one who is NOT in a NH). You are allowed to keep in excess of 1K in assets and the part of the income stream that you need to keep yourself afloat.

The absolute BEST investment for you to make at this time is to book an appointment with a certified eldercare attorney who understands Medicaid in your State. Call your local Area Agency on Aging and ask if they are having any Elder Law Clinics in the near future. Join a caregiver support group. Those are both venues from which good legal referrals can flow.
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The amount of assets a single person is allowed to keep on Medicaid is $2,000. Assuming a medical need, it is very straight forward to qualify after "spending down" assets to that level.

When the person needing Medicaid is married and the spouse will continue living in the community, the asset allowance is up to about $120,000. And some of the income of the person applying for Medicaid can be designated for the community spouse. Applying for Medicaid for a married person is far more complicated than for a single person, and I do not recommend it as a do-it-yourself project.

I agree with BB. You need the advice and guidance of an attorney who specializes in Elder Law, to assure that you can take optimum advantage of benefits. Do this as soon as possible. Do not wait until your husband needs skilled nursing care. Medicaid has many benefits for in-home care until placement in a care center is needed.
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