Fertile, MN asked in Elder Law for Minnesota

Q: Can a nursing home take my Mother's assets like CD's when the children's name are on them also?

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2 Lawyer Answers
Answered
  • Elder Law Lawyer
  • Minneapolis, MN
  • Licensed in Minnesota

A: There are limits on the amount of assets that a party can have and still receive public assistance. To answer your question it would be necessary to see the documents involved. I strongly recommend that you meet with a local elder law, estate planning attorney to assist with the Medicaid / Medicare eligibility requirements and review the CD. There may be some risk in cashing them and I would not do so without meeting with a lawyer.

Good luck

Kenneth L. LaBore

www.MNnursinghomeneglect.com

Answered
  • Elder Law Lawyer
  • Minneapolis, MN
  • Licensed in Minnesota

A: There are limits on the amount of assets that a party can have and still receive public assistance. To answer your question it would be necessary to see the documents involved. I strongly recommend that you meet with a local elder law, estate planning attorney to assist with the Medicaid / Medicare eligibility requirements and review the CD. There may be some risk in cashing them and I would not do so without meeting with a lawyer.

Good luck

Kenneth L. LaBore

www.MNnursinghomeneglect.com

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