Q: Is there any way to protect a parents house from the "Five year rule" when they enter into a Mainecare program
My mom is entering an "Independent Living Facility" and will pay for it herself until her money runs out at which Medicaid or Mainecare will pay.
A: There are possible sophisticated strategies available, but timing is critical, and you would really want to consult with an attorney who specializes in this area.
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