I am my dad’s POA and he lives in a nursing home. I stated looking at their assets and his wife has given away over $100,000 in the past few months. She tricked him into signing over their house to his son, too. He has not been deemed incompetent but scored low on the cognitive assessment at the nursing home. He didn’t know he signed over his house to her son. He is not on Medicaid but I’m concerned assets are running out and he’ll have a long waiting period. The wife has mental health issues and is difficult to work with to say the least. I am considering guardianship, but I’m afraid the money is gone.
You need to consult an attorney immediately. You may need to file a guardianship, and then bring an action to recoup some of those assets. And at least get the house back. Filing a lawsuit may also help medicaid from assessing a penalty.
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