Answer: Unfortunately, given her age, she can't simply transfer her funds to you. So, let's find ways to spend her money down to $2,000.00 on the day of her nursing home admission. At that point, Masshealth will cover her nursing home costs.
Here are a few opportunities for helping your mother spend down her assets:
Funeral / Burial expenses: your mom's money can be used toward the following:
- Cost of a burial plot;
- Up to $1,500 cash per person that is specifically set aside for funeral and burial expenses. (This amount must be in separate, identifiable accounts; or in the form of life- insurance policies up to $1,500 per person specifically set up for funeral and burial expenses);
- Money set aside in an irrevocable prepaid burial contract or an irrevocable burial in reasonable amounts for future payment of funeral or burial expenses.
Shopping spree: your mom can buy new clothes or a TV. It is best to track these expenses (don't use large sums of cash withdrawals from her account) and try to keep each single check or debit card transaction under $1,000.00. This will help during the financial review portion of your application with Masshealth.
Legal services: take her to see an attorney who can help the difficult Masshealth application process. You will thank your mom taking this incredible administrative burden off your back.