mummy loan
Question: My parents provided for me with my >education. I was really >concerned that my mom would have to go to a nursing home if she got to ever >leave the hospital. I didn’t know how in the world we would pay for that. >And believe me, my mother enjoyed buying things. 2 weeks before she died, >she had an aide wheel her down to the gift shop at the hospital and when I >went to see her later that day, she told me to go down there and pay them. >She bought $30 worth of knick-knacks. Thank god she never saw the gift shop >at the large hospital where she ended up. Mostly she bought crap at >Wal-Mart.
Answer: That would have been relatively simple. You could have put your mother in a nice nursing home and paid for it out of her assets which would have included selling the house or any liquid accounts. When the money was gone, Medicaid would kick in. You would not have been responsible. I did exactly that for my mother. But, she dies before her money ran out.Your mother sounds like she was a smart woman and a nice one. And, it appears she died happy by doing was she liked to do. I think that’s great and no doubt she was smiling when the left you.
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