We all live together. It's been nearly two years. How long should I continue to do this? I can’t work because I have no car and no income. I’m in the house 90 percent of the time. They say if I don’t want to do it anymore just tell them. My grandma says she’ll have to sell her home and go to a nursing home and my mom will have nothing. My mom says she will quit her job, one she has been at for years and has worked very hard to make the money she does now. I feel stuck.
Grandmother could apply for Medicaid [which is different from Medicare] to which Medicaid would pay for her care in a Nursing Home. Or would Grandmother rather move and use the equity in her house to live in Assisted Living? Your Mom is upset over a possible sell but Grandmother can whatever she wants with her own house.
If Medicaid is accepted, your Mom could continue to live in Grandmother's house, paying for the mortgage [if any], the real estate taxes, utilities, homeowner's insurance, etc. until Grandmother passes, then Medicaid would place a lien on the house so Medicaid can be reimbursed from the equity for the cost of care. Any equity left over would go to the heirs, depending on how Grandmother's Will is written.
I really hate to see anyone, including grown Grandchildren, have to quit employment to take care of a Grandparent. Dropping employment is more than just salary, but the net worth of any benefits one gets, especially health insurance.
This is a really tough time in everyone's lives. It's all trial and error on what to do.