OK, dad "quit-claimed" his house to my sister and I over 10 years ago, and we just put him in a NH this July and applied for Medicaid. Since it is over the 5 year look-back, does that mean Medicaid cannot "count" the house as an asset? After he passes, will Medicaid try and collect any money? Besides this house (which is currently for sale) what if anything, can Medicaid charge us? Dad has no other income except Pension/SS which we are paying to the NH.
Would he have preferred to leave all of his money to the one Son, who has looked after him these last 13 years and his Mom before that, Sure, but we would never wish to take his money intended for his long term needs! We will get by on the money we've earned, and our own kids now understand that there will be no inheritance for them either! Tough life lessons!
The one thing I will add though, who do you think will be paying for your loved one's care? Yes, you are correct your fellow taxpayers. We do have to take care of those less fortunate, that is true but it is not a right for people to have free health care just because they took time to protect their assets many years ago. If you have the money you have to pay your bills.
This may not be a popular concept but in my book it comes under the same heading as the very rich hiding their assets in offshore bank accounts. O.K. I am wearing my helmet the pink one with "Nothing is free in this word" on the front.
The school that went into the prisons ran into trouble. There were inmates who had dropped out of the program and the money was routed to students who played baseball. I don't know the full story beyond there was a big investigation and a lot of us faculty members fell off the bottom. Isn't that the way it goes? The upper levels cause the problem and the lower levels pay the price. It turned out okay. I was able to get another job before unemployment ran out.
One thing I liked about going into prisons -- Students who got degrees didn't usually go back. Education can change the way people think about the world and themselves.
Cinderella, even if there were support for a tax increase to expand care for the elderly, the politicians would siphon much of it off and direct it to pork barrel projects. I write that with some rancor, but also with of a sense of "that's how it is."
Zytrhr, there's a big difference between life care for prisoners vs. the aged. I don't know how you could make a comparison - it's not even close to the common used analogy of comparing apples and oranges.
Obviously, prisoners are incarcerated because they've committed crimes and need to be isolated from society. There's no gratuity involved; it's a matter of protection for society from them. That's hardly on a par with taking care of elderly people.
On an unrelated note, how do you ladies feel about some of the extraordinary medical services provided for prisoners? In my state, prisoners are allowed to have organ transplants, plastic surgery "to improve their self-esteem" and even gender re-assignment surgery on the government's dime. I believe that these folks deserve basic medical care, but it does bother me a bit that they get free services that hard working, contributing members of society may not be able to afford. Any thoughts?
If every parent signed over their homes and life savings to their children, well in advance of their needing their own monies to live in Senior housing and care facilities, our government would be in an even worsen position then it already is! It's scary to even think about!
These people that wear their pink helments probably have never cared day and nite for a parent!!! My mither begged me to not put her in a nursing home, so like a good daughter i didnt, she agreed to pay me a wage so 8 would quit my job...... That was 10 years ago, i was 51 and now 61and will have no retirement ir much in social security when she is gone.
Im burnt out to say the least, its ruined my second marriage to the point we cant do or go anywhere without it costing a fortune!!! I no longer ever have me time, or us time or time for my kids and grandkids, im so so tired so if it takes medicaid to take care if a parent then do it, i wished i had done it all differently.
Besides look how many young people are on medicaid. It does not pay to work all your life to have a, decent life to have it all ripped away!!!
Sorry this is so long but peopke who do not step up to the plate like i did to take care if a parent gave NO idea!!!
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