My cousin just got approved for Medicaid to get into Assisted Living. She has Alzheimer's. The Medicaid check will not arrive until the first of next month, but she must enter Assisted Living now and needs to make payment for this month, only she doesn't have the money. Can we sell her car at fair market value to apply funds for that?
The sale of the car would bring app. $3000.00 and that would be a problem. This is so confusing and not sure what to do. I'm trying to think of other options.