I run my own business, which has been somewhat able to build a healthy savings account for future possible downturns. By healthy, I mean under 100K, only enough to cover emergencies lasting several months.
My husband, who is NOT am employee or partner in any way and has dementia, has been a signor on the account from the beginning, only in case of something happening to me. He, of course, does not remember that.
When goes into a NH of AL and Medicaid is applied for (we both live on less than 2K a month SS and occasional infusions of business income), will my business savings count toward an asset of his? If it does, I would have to close my business as it needs this $$ for operating costs.