Legal Question in Wills and Trusts in New York
paying a nursing home with money in trust
My aunt is in a nursing home. As I understand it, her assets must be used to pay the home until they are exhausted and she has to go on Medicaid. There is money in a savings account in trust for me; does this money have to be used to pay the nursing home? If so, can she gift the money to me now or is there another way to protect it?
Asked on 8/11/02, 7:58 pm
1 Answer from Attorneys
David Slater
David P. Slater, Esq.
Re: paying a nursing home with money in trust
The trust assets should not be used to pay the nursing home.
Answered on 8/11/02, 9:10 pm