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Greetings everyone,

Dad reached his financial crisis point, and then & only then, was he willing to appoint me Power of Attorney.

Basically, Dad frivolously spent money on my sister & her sons...from basic living expenses to frivolous purchase of 2 cars. I believe financial coercion was involved. Sis was reported to Dept. of Aging by Home Health MSW, but Dad refused to press charges. When he reached depleted funds with less than $30,000 remaining in bank, he was willing to turn the mess over to me. Thanks Dad, Sis & nephews.

Mom is in a Nursing Home with Alzheimers. At suggestion of Business Office & Attorney, I applied for Medicaid on Mom's behalf...and was then informed of the 'Look-back Law'. I was forewarned that Mom would be denied due to excess 'gifting', but the application marks the point of her penalty paydown. The law presumes that all transfer-of-assets are for purpose of hiding assets to qualify for Medicaid. At 89, Dad had no clue about this law...nor of the consequences of excess generosity to Sis/grandsons.

Has anyone had prior experience with this Look-back law? Is there a remote chance that Dept. of Social Services will further investigate & request full explanation for each large check and then possibly 'press' Sis into selling their cars bought on Dad's dime, which btw, are the only items that can be converted to cash?.

One more question. Nursing Home Business Office advised visiting funeral home of choice to set-up an irrevocable burial contract, so Mom's life insurance policy cannot be counted as an asset through the eyes of Medicaid. Does anyone know anything more about this topic, a good idea or not?

Unless Mom & Dad's house can be quickly sold to finance Nursing Home expenses; Mom, Dad & my family will be facing serious lifestyle adjustments.

Thank you,

'Indulgence doesn't prepare, it cripples'
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