Back in October, I was dealing with my mom in a psych hospital, after a psychotic episode and her being diagnosed with vascular dementia, and she lived in Indiana and I Florida. She previously lived independently but that changed after the hospitalization. The nursing home there was Medicaid pending, and would let me have the IRA sent to them directly. But, It did not work out because of the Medicaid penalty period. I moved her to FL and she is doing custodial in a nursing home, after being skilled following a stroke and had speech therapy at that time. I have an elder law attorney and have asked him and the nursing home here she is at, as they are Medicaid pending. The penalty period is not the same here. and the elder law attorney and I have worked on that. I have and still may if we can, get it set up another way, but I'm in a crunch period as the person who did the IRA for mom back in 2012 was on vacation and we lost 2 weeks, even though my attorney emailed him, and the agent did leave message for my attorney but nothing else. I do have the authority per her IRA contact, so we really didn't need the agent, I was advised by him this morning since the IRA is in the Bankers. poa and just want to know if anyone else went this route. It is approximately 28,000 after taxes and penalty for early withdrawal. I do not care if they will let me do that on losing the money. All I want is for her to be approved. Once that is spent, she would then only have social security and is under the monthly limit. I'm waiting to hear back, from both, just seeing if anyone else went that route. Thank you so much.
