Bailey#1
TUG Member
- Joined
- Dec 5, 2013
- Messages
- 665
- Reaction score
- 560
- Points
- 303
- Location
- Vermont
- Resorts Owned
- DVC SSR BWV, Avenue Plaza, Redington Ambassador
Hello Tuggers.
Here is my situation. My 97 year old mother with dementia has been living in her own home (NY). Three weeks ago she was hospitalize and now is in Rehab. She will be going to a nursing home afterwards. The dementia got very bad in the last three weeks and she is physically in bad shape now. Most of her assets are tied up with her house. She has enough cash assets to last 3 months in a nursing home.
My question is what happens when her cash runs out and the house takes a year or so to sell.
Does Medicaid pays the bill at the nursing home and puts a lien on the house???
If anyone has experience with this please let me know. The last 3 weeks I have been in a reactive mold, and now I have a little time to think.
Thank you.
Here is my situation. My 97 year old mother with dementia has been living in her own home (NY). Three weeks ago she was hospitalize and now is in Rehab. She will be going to a nursing home afterwards. The dementia got very bad in the last three weeks and she is physically in bad shape now. Most of her assets are tied up with her house. She has enough cash assets to last 3 months in a nursing home.
My question is what happens when her cash runs out and the house takes a year or so to sell.
Does Medicaid pays the bill at the nursing home and puts a lien on the house???
If anyone has experience with this please let me know. The last 3 weeks I have been in a reactive mold, and now I have a little time to think.
Thank you.