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Mom owns manufactured home and pays rent on the property that includes taxes, garbage and cable. Will Medicaid consider this her homestead?

Asked by elaine826 | Aug 11, 2010

This is not a mobile home but it seems this is considered "tangible property" however this is only home she owns - so is this her homestead which is except from Medicaid - live in FL. I'm her daughter who is also on deed but I do not live there. She is a widow.

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Ralph Robbins, Sep 8, 2010

Ralph S. Robbins, CFP© is a fully licensed Certified Financial Planning Practitioner specializing in Eldercare Financial Planning. He works everyday helping families in crisis find creative ways to fund long-term care expenses and deal with family financial issues.

If it is her primary residence the property will be considered exempt as a countable resource for Medicaid in Florida. Does the property have a deed or a title? If, by some chance the notion is challenged, and it may be depending on the Medicaid program you are applying for (ICP vs. Long-Term Diversion Waiver), you can always list the property for sale (even if the intent is not to sell it). This will make the property "unavailable" and therefore also exempt as a countable resource.

Parenthetically, if the property has a deed, you should remove your name from it. This is best done via a quick claim deed. The new deed should be established as and "enhanced life estate deed" aka "lady bird deed". Do a search why this is important. Bottom line: It will avoid the property going through probate.

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195Austin

Give a Hug

Sep 8, 2010

You should go to see an elder lawyer in her area he would be able to advise you I would not call medicaide because they and medicare have people to answer the phone that do not know the answers and instead of just saying that will make an answer up it happened to me and social service will want you to sign up for medicaide they did to me after my husband died even though his rehab was paid for by medicare and our supplement insurance so the best thing is an elder lawyer you can find a good one by calling the Agency or Office of the aging in her county some have lawyers who give their time free of charge.

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