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Ken Becker wrote: > All that Ken wrote is essential. My mother gave me and my sister her house 3 years or more before we had to put her in a nursing home (non Pd). We did spend the mone on her -but would not have had to. You need to alway be prepared --that is not cheating that is looking at life as it is. Nita > I am glad to hear we can help more folks. I want to add something; make sure > that all the expenditures are well documented. Because my mother was paying > some people in cash and it was not properly reported, she actually had to pay > income tax last year, and she was operating on a fixed income with many > legitimate deductions, and should have gotten a refund. She was trying to be > "nice" and was penalized. Talking to an accountant long before tax time, > would be a good idea. It is also important to find out if you are elegible > for medicade, in advance. The way you handle savings and investments before > you need care, can make the difference between being comfortable and ending up > as a charity case. If you can pay off a mortgage in advance, it is sometimes a > better place for money than the bank, especially if you need to "spend down" > to quailify for assistance. I do not advocate cheating, but you must take care > of business. [log in to unmask]