Mom is ready to sell her home, and go into a 62 and older rental. What are the best options to handle the money from the sale of the house?

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Yeah, elder care attorney all the way.
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We really can't answer that question without a lot more information. The answer depends on how old your mother is, how much income she has, and how available you need the money to be. If I sold a house at my age (65) and needed the money to be fairly liquid, I would invest it in a fairly safe mutual bond fund. This would earn more interest than the banks pay, but can be easily liquidated if it is needed. All of these things need to be set up with future needs in mind. Needs will be very different depending on your mother's assets and income, as well as her age and health.
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Thank you so much. I'm glad I found you.
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Honestly, it really depends on your mother's current state of health and the likelihood of her needing assisted living or Medicaid coverage in a nursing home in the near future. It's worth consulting an elder care attorney experienced in both probate planning and Medicaid/Medicare planning in your state. The lawyer will be up on current laws, ability to plan for any trusts, etc. depending on the value of property, and be able to consult regarding health care options. Don't sign any contracts right away. Look at bar association ratings. Many attorneys will consult with you for free or low cost initial consult.
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