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Wednesday, January 28, 2009
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Hi Jack,
I think our government has gone over the edge on this one.
It will be far more expensive to have someone in a nursing home. In addition are they looking to take the income from the Senior who is going into the nursing home? If so in many cases the spouse would not have the funds to survive. I'm wondering if you have heard anything regarding treating reverse mortgage funds as income for the purpose of medicaid?
Thank you for the info
Annette Fisher
Senior Advocate
Specializing in Reverse Mortgages
Family First Reverse
www.tlcreverse.com
annette@tlcreverse.com
718-968-5242
Posted by: Annette Fisher | Thursday, February 05, 2009 at 12:47 PM