My older financial advisor has put the fear in us that the state will take all of our assets if my father gets medicaid. If HE qualifies, is that true that my personal assets could be taken by the state? We just moved my father into a condo near us, which we are paying for, but I fear it won't be long before he will need long term care. He still owns his home (worth about $250k), would pay someone to take the POS! He makes only SS income and has about $100k in stocks that he lives on. Once that money is used up, I think he will qualify for medicaid, but I'm worried I will be impacted. Thanks for the advise.