My mother is on medicaid and will be receiving an inheritance of approximately 250,000. How can she spend this money and on what?
My mother has been on medicaid for 8 years and has no assets. She is currently in poor health but just found out she will be receiving an inheritance from her late brothers estate before the end of the year. I am wondering how she can spend this money and on what? After purchasing clothes, new wheel chair, dental work etc can she purchase gifts for her grandchildren for birthdays and christmas? Are there limits on what she can purchase for herself? I don't think her money will run out but also don't want to limit her chances of going back on medicaid if needed.