What is the best way to shelter my savings (though minimal) in the event I end up in a nursing home.

Question

What is the best way to shelter my savings (though minimal) in the event I end up in a nursing home.

Answer

Hi -

No one can answer this without more information about your circumstances. Your options will vary based on your health, your marital status, your living situation, your assets and the like. I strongly suggest you speak with an elder law attorney in your area about your specific situation. You may also review the information available on the web about the eligibility rules. Many elder law attorneys include this information on their websites. The State has published a booklet that includes some of this information also. It is found at http://www.mass.gov/eohhs/docs/masshealth/membappforms/saca-1-english-mb.pdf

Best of luck to you -