My brother, age 62, is currently in a LT care facility and I am PofA. We have liquidated all his assets to qualify for Medicaid except for a whole life insurance policy. It currently has a Cash Surrender Value of $17K and a death benefit of 53K. I am getting conflicting information. The CFO of the facility is telling me I must cash the policy for the 17K and my financial advisor is telling me I can purchase the policy for the 17K and maintain the death benefit and when he passess away it would would go to his heirs. In either event the facility gets the same amount.