My spouse is going to have to move to a nursing home. When spending down assets for the sick spouse to qualify for Medicaid, does it have to be done before sick spouse is sent to a nursing home or can it be done even after the sick spouse is admitted to a nursing home?
The intent of the laws and regulations is to allow the community spouse to have enough income and assets, so that he or she has enough income and assets to continue to live at home, whether that be a home, an apartment, or other living place.
Many senior citizens may need the services of a nursing home or at-home care at some point in their life. There are many reasons people
As government programs do not cover all expenditures related to these categories, ABLE accounts can be used to pay for shortfalls.