Financial documents

Make a record of financial matters. This is important as you look at paying for care for a loved one. Detailed financial information is required if you apply for Medicaid/public assistance to pay for long-term care. Grosse Pointe Manor Nursing and Rehabilitation Center finds that the following are typical financial considerations.

  • Income tax filings
  • Statements and documents for assets including:
    • life insurance policies
    • bank accounts
    • investment accounts
    • real estate titles and mortgages