My mother has dementia and depression but refuses to take meds. My dad passed 4 yrs ago and she refused to put anyone else on the deed for her house. I am POA and have my name on her saving and checking accts since my dad died. If she needs to go to a nursing home can they take all her assets? I am lost at this point and dont know what to do.
You may also want to ask about Living Trusts wherein you become the trustee. I believe everything under the trust is protected (after the 5yr. period, of course).
Your best bet is to contact a Medicaid or Elder attorney. They know the ins and outs of the system and can guide you best.
Good luck!
Hap