No. of Recommendations: 0

My mom is in a nursing home. Before medicaid kicked in she had to pay her full way of about $4500/month until all savings were gone and proceeds from sale of home were used up. Her pension and social security now goes to the nursing home to partially pay her own way and medicaid makes up the difference.

So, see an estate lawyer to see if any of your mother's assets can be shifted to the family. Unfortunately, no matter how astute your investment efforts are, Mom will pay her full way as long as she's able.
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.