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What happens when your parent runs out of money in assisted living? This is one of the most stressful situations families face, and most people don’t realize how limited their options can be once the money starts to run low. Most assisted living communities are private pay, which means Medicaid usually isn’t an option there. When funds run out, families often have to look at other settings that accept Medicaid. Here’s what many families don’t realize until they’re already in it: if your parent w