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tptnnyc Asked February 11, 2024

Mom is in NH w Alzheimer's and has Medicaid. Teacher retirement fund giving her $7000.00 bonus will put her over $2000 limit. How to spend down?

Mom has everything she needs. What can we spend the money on?

Dawn88 Feb 11, 2024
Prepay her funeral costs?

cwillie Feb 11, 2024
Does she have a good tilt in space wheelchair with a ROHO seat cushion?

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AlvaDeer Feb 11, 2024
I would see an elder law attorney to see if there is some trust sort of thing that can be salvaged here to use for her own care needs future and ongoing. This amount of money makes that worth it, and hey, will spend a bit of the money DOWN, won't it?

Geaton777 Feb 11, 2024
How much does the NH cost to privately pay for her care? $7K might not even cover 1 month in some places. My state (MN) doesn't do pre-paid funerals anymore and I'd be hard pressed to know what to spend $7K on for my MIL in LTC on Medicaid. She has her covid money sitting in her checking account, and it has no where to go, so we use it to fund her Resident's Trust and she gets her hair and nails done every week. But it would take a while for her to use up thousands.

Grandma1954 Feb 11, 2024
Is her funeral paid for? If so is there anything you want to "upgrade"?

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