Both parents are in a NH and I have spent down their assets and recently filed for Medicaid. The claim is currently pending.
I don't want to continue to pay the insurance premium so would prefer to sell the car. I am not after the proceeds - just want to get rid of the car.
Can I sell the car and deposit the funds into their checking account to be used for monthly expenses? Assuming the anser is yes can I do it now while the claim is pending or do I need to wait for the Medicaid claim to be accepted?