answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: How much money may a person give away before entering a nursing home?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What happens when parent sells property to child a couple of weeks before entering a nursing facility in NOrth CArolina?

That means that the parent gets some extra money and the property stays in the family.


Who pays nursing home when you die?

Normally any debts a person has when they die (such as outstanding fees to a nursing home) are paid out of the estate of the deceased person. If there is not enough money in the estate to meet all the debts then the people owed money get only a share of what there is. Relatives do not have to make up the difference unless THEY told the nursing home THEY would pay the nursing home costs (and signed a contract to this effect).


How much money can a parent give to a child if the parent is past 80 and possibly going to nursing home in the future?

There is no limit on the amount of money that your parent can give you. You want to do this before they go to the nursing home because the home will take all of their money.


Where can you get money for nursing school?

a loan


Is it LVN nursing is good choice for carrier?

If you want to start your nursing carrier by entering an LPN school, then you can start with a 1-year training course, which will allow you to get a job as soon as after 1 year of studies. This means that you will be able to start earning money much sooner than in many other professions.


My father died. And the nursing home is still looking for more money. my dad left me 4000 do i have to give it to the nursing home?

the nursing home probably over charged; I'd keep the money! :]


If a pereson is promised money in a will but the person dies before putting the person in their will can the person still get some money?

Not if the money was meant to be an inheritance or gift to that person. If the deceased promised the money in payment for a debt, and there is a valid contract, the creditor can get the debt from the estate.


What is it called when you sign your house to someone else so going in the nursing home does not take the money in your house?

There is a child caregiver exemption that you might be thinking of. Usually assets are turned over to nursing home/medicad but if a child has been living in the home, providing care, then that person can receive the home. Check around your community for an "elder law" attorney and get this done as soon as possible before nursing home is needed. All the best.


How much does a pediatric nursing get monthly?

alot of money


Can you cash a savings bond for someone in a nursing home if you have power of attorney?

Yes. Make certain the person has directed you to do it and make certain the money is used for their benefit.Yes. Make certain the person has directed you to do it and make certain the money is used for their benefit.Yes. Make certain the person has directed you to do it and make certain the money is used for their benefit.Yes. Make certain the person has directed you to do it and make certain the money is used for their benefit.


What is the advantages of the hoarding?

it prevents unauthorised persons from entering into the site


If someone dies in a nursing home under medicare and money is in her estate what happens to the money?

If the money is in the sole name of the decedent it can be attached for any funds owed to the nursing home or to the government for government provided medical assistance.