Quote:
Originally Posted by Lyn Wagner
One thing you might want to consider, if you should need a nursing home some day and your not private pay you will be stuck in the state you call home. Is it near your children or family so they can come visit you? Thats why i still call NY my home because it is near my family and grand children whom i may not see often if I’m a fl resident. Food for thought.
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I don't believe this is correct. My mother in law was in a facility in Florida under medicare/medicaid and we lived here. We moved to Georgia and we had her moved to Ga. to be close to us, took small amount of work to accomplish, nothing major.
Also, my ex-wife went into a nursing home in Georgia after living there for 3-4 years as a resident. She was under medicare/medicaid. My son had her moved to a facility in Florida to be closer to him in 2019/2020 timeframe.
It takes a bit of paperwork and finding a facility willing to do it, but that should not determine your state of residence as Florida is a much better tax friendly state than most.