Are they really jointly owned? I ask cause often folks will describe an account they are signature on or have their name printed on checks or statements on as being joint, but they aren’t. Clearly find out from the bank as to IF they are joint or actually are only under 1 persons SS# for ownership.
Whomevers ss# will be the owner(s) & if it’s only the Medicaid applicant, then everything in the account will be viewed as theirs & subject to Medicaid spend down rules if above 2k or whatever your state has a the max for assets.
If the issue is that someone has been co-mingling their income or assets along with the elders, then your gonna have to unthread the co-Mingling to establish whose $ is whose. Epic accounting to be done, lol. If that is what the predicament will be, really I’d suggest you get an elder law atty who can guide you how to best do this so that it can be reviewed by your states Medicaid in a format that Medicaid wants. This site is littered with posts on this exact problem or it’s flip side problem that they pay for elders copays, drugs, taxes, whatever and they as DPOA for the elder then reimburse themselves from elders bank account for items paid for. It too presents a Medicaid problem.
Wow. Really a legal issue I would check with an expert here, or an Elder Law Attorney. I think that they can at least access the one half assets in your name, and not certain if it is real property, may go to a lien. But do check with law expert, unless someone in law is around the forum.
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I ask cause often folks will describe an account they are signature on or have their name printed on checks or statements on as being joint, but they aren’t. Clearly find out from the bank as to IF they are joint or actually are only under 1 persons SS# for ownership.
Whomevers ss# will be the owner(s) & if it’s only the Medicaid applicant, then everything in the account will be viewed as theirs & subject to Medicaid spend down rules if above 2k or whatever your state has a the max for assets.
If the issue is that someone has been co-mingling their income or assets along with the elders, then your gonna have to unthread the co-Mingling to establish whose $ is whose. Epic accounting to be done, lol. If that is what the predicament will be, really I’d suggest you get an elder law atty who can guide you how to best do this so that it can be reviewed by your states Medicaid in a format that Medicaid wants. This site is littered with posts on this exact problem or it’s flip side problem that they pay for elders copays, drugs, taxes, whatever and they as DPOA for the elder then reimburse themselves from elders bank account for items paid for. It too presents a Medicaid problem.
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