Mom gets $2600 a month and her care is at least 6-7 thousand a month. She now lives in assisted living which is $3400 we cover the rest and they say she needs more care because her dementia is getting worst which will cost $9000 I can't afford that neither can I take care of her in my home I have no room and I have a physical disability LGMD. She doesn't qualify for any assistance and I cant afford $9000 a month what do I do? I did care for her before she went into the home she was being a danger to my son and I so I had to put her into a home.
You say she doesn't qualify for any assistance.What do you mean by any assistance?
She doesn't qualify for Medicaid?Or doesn't qualify for assisted living?
I'm surprized with her having dementia that she qualifies for assisted living.Dementia only gets worse as time goes bye.Not including any other health issues or down the road health issues.Sounds like it maybe time for you and your mother to be searching for nurcing homes instead of assisted living since you can't take her into your home.
In order for your Mother to qualify for Medicaid.Funds & assets must be moved.
Since your seeking another assisted living or maybe a nurcing home.Moving funds & assets maybe to late to do so because,Medicaid goes back 5 yrs.
Many wealthy people are on Medicaid and getting away with it.They all get away with it by moving funds,assets into other's names.Like the old saying sell the house to a sibling for a buck.Medicaid cought on to that idea.The secrets on how to move elderlies money for Medicaid reasons knowone wants to say.Knowone will tell you how they get their grass so green.Because,if they do yours will be greener.
Let me give you what knowone else will give you?And that is the secret.
Lottery & Gambling is the secrets on how those rich old people do it and get away with it all.Remove all the money out of the bank accounts and stash it all in a freezer.Why a freezer?because if a fire it wont burn and a robber wont think of going to the freezer a great hiding place it is.Or CD's.Cd's don't hold full value until aged.Medicaid allows you to have a car,bank account and one credit card.The only money that keeps going to the bank is the SS checks that's it.Many elderly people hide their money in safty depostit boxes wrapped in papper or other to hide it's money.The biggest secret is,what to say to Medicaid when they ask where did all the money go?Guess where the money went?Gambling,Lottery tickets is what they tell Medicaid.They lost it all gambling or at casinos.They keep small winning tickets around for proof and call the 1800 hotline addicted to gambling once a month to cover their butts.Cars,boats,homes are titled into other family names.
I had a relative yrs ago that did this same thing and got away with it.So,I know how those rich old lires do it.Elderly people are sneakier then people think.
So,if your after for your Mother to get on Medicaid that's the steps.My relative qualified for Medicaid after waiting a yr and that person had $500,000 in the freezer and getting food stamps.The tricky secrets people don't want to give away.
Enjoy! Hope the best.
I hope you do not listen to the detailed post of how to scam the government. They figure out these things and they are illegal and you would be complicit. Besides, it does not sound like mom could pull off a complex lie.
You can apply, spend down assets legally and have her income go into a trust. The government assistance would be for the difference from the income to the monthly spend. An attorney can give you legitimate advise on how to do this.
Good luck.
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