Is home improvement a type of "spenddown" that could make my elderly father ineligible for Medical Assistance?
Dear Senior Legal Line:
My 88-year-old widowed father is in the hospital and will likely need Medical Assistance to help pay for his long term care costs in the future once he is leaves rehabilitation.
He will be able to live at home, but will need help from a personal care assistant and homemaker services. He will privately pay for this for a little while with his excess assets, but will need to get on Medical Assistance once he spends his countable assets to $3000. He will be able to live in his house, but the roof needs new shingles. My question is: Can he spend his assets on a new roof? Or is this a type of spenddown that will make him ineligible for Medical Assistance? He put the house into a “life estate” in 2006, naming me – his only child – as the remainder person.