Need to know if I should spend down now.

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My husband is in assisted living w/alzheimer. I recently received inheritance from my mother. Would like to know if I can spend down monies now, before he will need skilled nursing. Thank you for any input. I need to do repairs on my home.

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3930 helpful answers
Likely you could make the repairs on your home, but you should have a consultation with an elder law attorney or estate attorney in your community who knows your state Medicaid laws to be sure you are okay. It's worth some money to get an expert opinion for someone who knows your individual situation and your state Medicaid laws. Good luck,
Carol

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