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J
jkulka Asked March 2018

I have a joint banking account with my mother. Can I withdrawal the cash prior to her going into a nursing home without penalty?

Kimber166 Mar 2018
If you are applying for Medicaid to pay for the nursing home care - Medicaid will look back five years at bank statements and request documentation as to how monies were spent. Your action might result in a penalty period for Medicaid.

If you are private pay at the Nursing Home - then it is not an issue.

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