Our Nursing home experience
when my mom was in the nursing home. They wanted full financial disclosure prior to her admittance into the facility.
At the time it was around $7500 a month to stay there, when she died there it was up around $9000 a month. But they took her pension, and SS money right off. you would expect that, then we wrote checks for the difference until the assets where gone. She was allowed only pennies for minor things, she couldn’t even give her grandchildren a $20 on their B’day. Money lasted 9 years, then she was on the tab of the gov’t. They settled for Pension and SS money. She was of the few that were self pay. special binder and everything. They suck you dry fast. Try moving any assets around. they now go back like 5 or 6 years. It used to be 3 years. In any case, she was well taken care of, and it was a nice place.–tim–