Q: I am a recent gaurdian for a very good friend. I now have acres to her banking. I have seen that she has $4300.00.
In her checking (she is on Medicaid and facility). I know $2000.00 is allowed in this account. What can I do with the extra for her. We have already paid for funeral.
A: You should consult an elder law attorney before doing anything with that money. But generally, there are many things that you can spend money on in a "spend down" strategy.
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