- Jurisdiction
- Missouri
Hello. I have a spouse who recently had a stroke. Getting to a situation whereas they will need to have a nursing facility to provide care, I wanted to find out more about Missouri division of assets.
I do not want to go into a Medicaid annuity whereas Medicaid gets ALL our possessions and doesn't leave anything for our children but looking for an alternative.
Working all our lives to provide an inheritance for our children, I just don't want to give all of it to the state.
Is there a legal way to transfer all of our assets to my children whereas after paying for care for five years of nursing, the spouse would become eligible for Medicaid?
I do not want to go into a Medicaid annuity whereas Medicaid gets ALL our possessions and doesn't leave anything for our children but looking for an alternative.
Working all our lives to provide an inheritance for our children, I just don't want to give all of it to the state.
Is there a legal way to transfer all of our assets to my children whereas after paying for care for five years of nursing, the spouse would become eligible for Medicaid?