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Happyheart4u2 Asked November 2018

A man is living in a nursing home that gets his disability and pension check. If he sells his residence, can he give the proceeds to his son?

JoAnn29 Nov 2018
If on Medicaid the house has to sell at Market Value. Once sold, the proceeds will go for his care. Medicaid will stop and the proceeds spent down. Then reapply for Medicaid.

If private pay and may need Medicaid within the next five years, same rules apply. House has to be sold at Market Value. Money put aside for his eventual care.

anonymous594015 Nov 2018
How is the remainder of his nursing home bill paid? If it is Medicaid, he cannot sell the home and give the money to his son. You might want to ask a lawyer in your state how to best proceed with selling the home.

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