My dad has decided to go into a nursing home and needs to apply for medicaid. His wife of one year has filed for divorce so she wont lose anything. Do we need to wait till the divorce is final to start the medicaid process or can we start now? They filed a uncontested petition on the 15th.
Medicaid laughs at pre-nuptials. The way you have planned this she will walk away with all the assets and you will have Dad to care for, because Medicaid won't kick in.
If the increase in value is not equitably divided, Medicaid will reject the application or impose a penalty amount.
Angel