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The Watercooler
FYI for you al in your 50's and early 60's...social security info.
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<blockquote data-quote="DammitJanet" data-source="post: 470017" data-attributes="member: 1514"><p>Well, I havent looked into them since they would laugh at me but there are the reverse mortgages. Of course, you wouldnt be able to leave your house to the kids then but with some of our kids, do you want to? Im not sure my house is going to be standing by the time I pass. Its only a double wide. </p><p></p><p>You guys do know that once money is gone, medicaid does step in right? You arent going to be on the streets. Your home is an asset that they wont consider until its time for long term care. Then they can go after it as settlement after you pass but only if a spouse isnt still living in it. One tidbit for you.</p></blockquote><p></p>
[QUOTE="DammitJanet, post: 470017, member: 1514"] Well, I havent looked into them since they would laugh at me but there are the reverse mortgages. Of course, you wouldnt be able to leave your house to the kids then but with some of our kids, do you want to? Im not sure my house is going to be standing by the time I pass. Its only a double wide. You guys do know that once money is gone, medicaid does step in right? You arent going to be on the streets. Your home is an asset that they wont consider until its time for long term care. Then they can go after it as settlement after you pass but only if a spouse isnt still living in it. One tidbit for you. [/QUOTE]
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FYI for you al in your 50's and early 60's...social security info.
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