I live in NM and plan on moving to daughter/son-in-law's house in 1-2 years. Their house is old and needs remodeling to be comfortable for me. If I use money for remodel, I'm afraid I won't have enough for caregiving, but my/our family choice is that I live with my daughter instead of assisted living.
Couple of things: So by your post, as your concerned abt “look back”, it seems that you don’t have the resources to private pay for care in a facility if it comes to that, correct? Ok so when you move from NM to CO be sure to take the last 5 years of all financial paperwork and if you have sold a home or car in NM take the paperwork on those as well. If CO wants a full 5 years documentation, can be difficult & w/costs to get items like this from old bank or NM courthouse. And if at all possible get a hard copy of your health records if not available in perpetuity on line. LTC Medicaid has a medical AND financial “at need” requirements so imo you are best off having your new doctors in CO to input all the details of your health problems into the new charts new health care providers will be creating. Having old chart info will help in creating a deep medical history with codes and labs in medical-speak. Fwiw Medicaid across the US has buckled down significantly on the “at need” medically documented in chart's for eligibility. Just being old, needing help with ADLs or family cannot always be around will not in and of itself be enough to show eligibility due to skilled nursing care needed
Moving in with family is highly romanticized.
Reality is different.
I’d suggest that you do a full month visit with your daughter and her family to see what it’s like before you pull up stakes in NM.