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Re: Pawn shop offers

Posted: Fri Jul 29, 2016 8:43 am
by couzin
Assisted living is asset based - so if the applicant listed the asset of the guns then yes a sell down is the general rule. But whoever the WOG (worker, one, government) was that recommended a pawn shop they are just stupid and plain uninformed. Betting just the subject of "guns" made them cringe. Anyway, yes, if an individual, the assets have to be low enough to qualify for an assisted living facility. However, there are a few facilities that will take a limited number of low income individuals on just their social security, maybe a small pension if any, and the assignment of life or burial insurance policies. As suggested, get with a senior advocate to determine the best route. Was this person VA? Is this person going into a regular assisted living apartment, or is this alzheimers care, or hospice care? Are there alternatives like family that SS can pay to cover the care? My MIL became ill and qualified for assisted care - once we toured the available facilities (and finished crying over what we saw), we moved her into our home and arranged for care there, and then hospice care at home in the end. I wouldn't have had it any other way despite the times my wife and I thought we just couldn't do it anymore.

Re: Pawn shop offers

Posted: Fri Jul 29, 2016 11:17 am
by jmorris
As it was explained to me, the (bogus) idea is that it levels the playing field. If one person has $1 mil in assets and another has $100k then they both have to use all their assets, and the latter would actually receive benefits first and thus would receive more. If both received them under the same conditions.

I think it's ridiculous. At least there should some level of assets that could be retained.

Re: Pawn shop offers

Posted: Sat Jul 30, 2016 7:54 am
by doncb
I was able to get some information and it looks like he didn't spend very much on his guns. No idea on condition.

Raven .25 semi-auto pistol
New England Pardner 12ga pump
Topper 20ga shotgun (single shot, break action)
SKS (probably Yugo)
Winchester .22 (unknown model)

Ammo:

38 stripper clips w/ ammo (SKS)
48 boxes 7.62 x 39
Various shotgun rounds.
400+ .22 HP Remington