She has no savings except for social security check and her retirement check. All her money is in her house and she does own a beautiful home, which would sell quickly because it’s in perfect condition. I would need her to move in with me while the house is on the market, which would be no problem. But after the funds run out from paying the facility what happens next? Do they tell her to leave? I have never done this before and I just don’t know what to do. I can’t really afford a elder lawyer, they wanted 10,000. I just want to make sure she is taken care of. We have talked about it and she is willing to go to an assisted living because she knows she can’t stay alone in the house anymore by herself. Or should she stay with me so her funds don’t run out so quickly? She is 86. Anybody that has dealt with this, please give me some advice. Thank you in advance.
However, your profile states that your mother suffers from dementia. As such, perhaps she requires a memory care facility.
The ones charging $10,000 up front are charging for an entire document package-you might not need.
Read some legal articles here on AgingCare, get informed.
You might benefit from a consultation with a Geriatric Coordinator.
Medicaid cannot take your home if you live in it and your home equity interest is under a specified value. In other words, it will not count towards Medicaid's asset limit, which in most states is $2,000. Home equity interest is the value of your home in which you outright own. and