My Grandmother is currently living in an Assisted Living Facility in Illinois that accepts Medicaid. We have to pay them her Social Security minus $90 she gets to keep and then Medicaid picks up the rest. My Grandfather passed away in 2007 and her children have also passed away leaving just myself as surviving family. She quit-claimed her house to me in 2002 and she has no money in the bank, however she does still have an automobile in her name that is worth approx. $10,000 that she is not using.
I would like to sell it, but I am afraid the State will want the funds from the sale. Is there anything I can do to prevent this? Will it make a difference if I transfer the title to my name prior to selling it? Or should I just let it sit until after she passes? Just trying to figure out the best way to handle it.