If you are experiencing power issues with your Kohler engine, and you have determined that the issue is not with the battery, you should check the voltage regulator. This device keeps the level of voltage...
IRAs provide income tax breaks, but the money in them doesn't get any special treatment by Medicaid. If you apply for Medicaid, IRAs in your name are counted as assets. The fact that you would lose your tax break if you tapped into the IRA funds too early doesn't protect them from consideration by Medicaid. Assets, including IRAs, can be removed from consideration by Medicaid in one of several ways.
If your name is on the bank account, you are the co-owner of the account and you can do what you wish with the money. However if you apply for medicaid to pay for the her nursing home care, there is a time limit that has to be adhered to before medicaid will pay the bill.(I believe its 3 years prior to applying for medicaid that land transfers has to occur or money being gifted to someone, but you can check that).ou need to be careful about moving your mother's money out of her name, especially if you are considering getting her on Medicaid to pay for the nursing home. Medicaid has a five year look back period for transfers of assets.