My Mom just recently had a stroke and is totally dependent on me to take care of her. She has no life insurance or no money in case she is to die suddenly. I wanted to know if there are any insurance carriers out there that will cover her for term life insurance. She is only 55 years old.
Judith, your boyfriend should see an estate attorney, for sure. Each state varies in law, and unless there is a sudden miracle cure, your boyfriend will need extensive care in the future. He will need legal advice to do the best he can with his assets -legally. Be careful not to choose just any attorney. You need someone who understands Medicaid laws, so ask questions when you talk with an attorney. What kind of work do they concentrate on? What are their credentials?
And knighto58, again it will depend on your state law. She, too, may find it worth a few hundred dollars to see an estate attorney for advice. An attorney who knows your state law and Medicaid law can guide you and your mother, so you are doing the right thing for your mother and the law.
Carol
https://www.agingcare.com/articles/10-government-programs-caregivers-can-access-for-their-elderly-parents-120513.htm