No. of Recommendations: 4
No. Not without fraud involved.

If she wanted to "hide" it and stay in a medicaid-level of facility she could probably wrangle a way to do that (swiss bank accounts?), but with the look-back at accounts that is allowed, and the fact that this would be welfare fraud, I wouldn't touch it with a 100-foot pole.

Me, I would be happy I had the money to choose to stay in a decent facility if needed.
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.