2007-06-03 11:16:31 · 3 answers · asked by outsidethebox108 1 in Family & Relationships ➔ Marriage & Divorce
Your mom's 401(k) is hers. He is only liable for his own health care debts.
I would recommend that your mother meet with an Elder Law Attorney to discuss Medicaid planning. It may be necessary to break up joint marital property into separately owned "his" and "hers" for your mom's financial protection.
2007-06-03 12:13:18 · answer #1 · answered by Mark 7 · 0⤊ 0⤋
Social security should take care of most of that long term care.
If not, well, the 401K has to be spent somewhere, and it should go to the spouse before it goes to the kids, because a spouse is closer to the person with the 401K.
2007-06-03 11:22:01 · answer #2 · answered by perfectlybaked 7 · 0⤊ 0⤋
Yes. Go to a lawyer and find out how.
2007-06-03 11:19:50 · answer #3 · answered by Wiser1 6 · 0⤊ 0⤋