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My elderly parents unfortunately subsidized his youngest daughter & her sons to the point of their financial ruin. They are denied Medicaid at this time, d/t impact of Medicaid's 5 year look-back law. Dad too late, realizes the impact of indulging his daughter...but really doesn't want to sell the house that he built. Which is a better option: sell the house to cover Mom's nursing home expenses OR a reverse mortgage loan to help keep Dad in his home & still cover nursing home costs?

I cannot think of any other alternatives. All suggestions welcome.

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