Delawaredave5
Full time employment: Posting here.
- Joined
- Dec 22, 2004
- Messages
- 699
Friend is 80 and in 2nd marriage to a lady (she was married previously also). They have a prenuptial agreement (I've not seen) where all their assets are separate. She has house in her name. Each has their own investments in their individual names with their kids from previous marriages as beneficiaries.
Question: If wife goes into nursing home, her assets would be first be used on care. Once her assets were exhausted, would she then qualify for Medicare ?
Or, would the husband's separate assets be required to be used next ?
Since "they have a prenup", they think everything is separate and Medicaid decisions would be based on each individually.
But as they are legally married, can assets be held separately ?
Question: If wife goes into nursing home, her assets would be first be used on care. Once her assets were exhausted, would she then qualify for Medicare ?
Or, would the husband's separate assets be required to be used next ?
Since "they have a prenup", they think everything is separate and Medicaid decisions would be based on each individually.
But as they are legally married, can assets be held separately ?