My brother is 60 years old, single, and has early onset Alzheimer's. He is currently in an assisted living facility in New Jersey. He has recently begun wandering and they want to transfer him to their nursing home as soon as possible. He has tens of thousands of dollars of credit card debt, which my sister and I have been trying to pay down with his modest income. We also each had loaned him money over a year ago that paid off one credit card each which then helped his interest rates to go down and made his payments affordable without him having to declare bankruptcy. We all have inherited a house in NJ left to us equally by our parents, and we are in the process of cleaning it out so it can be sold. We thought that when the house is sold, our loans to him would be repaid from his share of the inheritance. The nursing home wants us to apply for Medicaid and they made it sound as if they will take every dollar he has to his name as well. Would we be able to use his portion of the inheritance to pay off his debts including those to us or would the nursing home have first rights to the money he inherits?
By Anonymous Caring.com community member
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