If my father and I have a joint account, can Medicare take the money out of it when he enters a nursing home?
My father is a retired military person with TriCare for Life benefits. He is currently in a skilled nursing facility. I understand that if his Medicare runs out that TriCare will only pick up the costs if it is determined that his continued residence is "medically necessary." If this is not the case, and he must resort to a nursing home, can the state/Medicaid access funds in a joint banking account? What about properties he divested himself of by making gifts of them within the past year?