5 min
Can Nursing Homes Take Money from a Joint Account? Understanding Asset Protection
According to the U.S. Department of Health and Human Services, approximately 70% of people turning 65 will need some form of long-term care services. When facing the high costs of nursing home care, a critical question often arises: **Can nursing homes take money from a joint account?** The answer is complex and depends heavily on factors like ownership, contribution, and the resident's eligibility for assistance programs like Medicaid.
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Healthy Aging