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  1. #1
    Join Date
    Jul 2007
    Location
    Florida
    Posts
    2,344

    Default Medicaid Nursing Home Care for People with Assets

    Time after time folks come here to ask how they can hide mom's assets so she can qualify for a Medicaid bed at a nursing home. Medicaid, being a need-based program funded by public money, doesn't want to provide money for people who have their own money for obvious reasons. But somehow, offspring seem to think that the money mom and dad have saved is there for them. It never occurs to them that the money people accumulate in the productive years of their lives is intended to provide for their needs later in life. That's the purpose of saving or accumulating assets. So people scheme in order to get the rest of society to take care of their family member's needs while allowing the children to get the parents' money when they die. Today it was a question about a parent's IRA and whether that would screw up the Medicaid plan.

    So, what do you think? Are you willing to chip in and pay for the care of the parents of these strangers so they can inherit more? Or do you think people should exhaust their own resources before asking for welfare money to meet their needs? I guess the idea that family members should provide for one another is completely out the window since everyone seems to look to the government for all needs these days, but even if kids don't chip in to help mom or dad at least mom or dad's money should be used, shouldn't it? I'm just curious whether this is a complete shift in thinking in our society or if it is isolated just to those who think they might lose out on their inheritance.

  2. #2
    Join Date
    Mar 2013
    Posts
    1,279

    Default Re: Medicaid Nursing Home Care for People with Assets

    Much to most folks surprise, even when mom & pop's money is gone there is still a limited obligation on the part of the children to financially care for them care for them in California. From the California Penal Code -

    270c.
    Except as provided in Chapter 2 (commencing with Section 4410) of Part 4 of Division 9 of the Family Code, every adult child who, having the ability so to do, fails to provide necessary food, clothing, shelter, or medical attendance for an indigent parent, is guilty of a misdemeanor.

  3. #3
    Join Date
    Sep 2011
    Location
    OH10
    Posts
    17,019

    Default Re: Medicaid Nursing Home Care for People with Assets

    I am frankly amazed how many children feel entitled to inherit. When my father died, I spent rapid focus on getting his life insurance proceeds processed into a check and sent to my fathers Mexican girlfriend, in Mexico, before my sister had time to get involved beyond fighting over his corpse so his final wishes would be carried out. She was reportedly furious that he wanted her to have his life insurance policy and that she obtained it. It was so wonderful when she took me into the home she built for her and her kids with it, last time I was in Mexico. My dad would have been thrilled with the outcome.

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