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I live in Virginia. My income is $1,600/Mo SSDI and 1,200 LTD. I have Parkinson's disease. My only asset is a saving acct with $97,000 cash.

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To clarify, I am planning for the future and wondering what I should do with my assets in order to qualify for medicaid in the future, when I will need a nursing home and will only be able to afford to pay for about a year. Do I wait until this happens and then apply for medicaid or is there something else I should do with my assets before that time comes?
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Qualify for what? Low income housing? Medicaid in nursing home? Where are you being evicted from?
A savings account with $97,000 cash will disqualify you from most state programs like Medicaid and Section 8 housing.
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Douglas217, I'm not an expert but from what I have been reading and what I have done with my parents is - prepay for all funeral cost, burial plots and head stones; set up all legal documents with Elder Care Lawyer. If you have relatives, you might want to set up a "trust" with some of your savings to help with any expenses or scholarships after your passing. I'm sure others on here will have suggestions. Nice of you to plan ahead.
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I'd get legal consult with an experienced Elder Law attorney who focuses on issues like yours. Not all Elder Law attorneys know rules of Medicaid and asset protection. Trust laws vary by state. I'd ensure the attorney knows this well before hand.
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