If I'm allowed can I put the house in my name only?

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As I have discussed this before, we are in a position to buy a small farm in FL. If my husband has to go to a facility some day will they take my house if the house is in his name too? Thank you

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I n Florida your house and you car can not be included for medicade. t
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Correction to above. Buyers would NOT be able to view the house with him there if he is not compliant.
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I think the advice above is good. You might consult with an Elder Law attorney in Florida, who knows Medicaid, to make sure you are making sound financial decisions, just in case your husband needs Medicaid.

Also, can your husband qualify for a mortgage? I'd be wary of jointly owning property if you aren't both on the mortgage. You might consult with a family law attorney about that, since it could have some negative consequences.

It's a personal decision, but I would do a lot of research before making that jump.

I can't imagine purchasing a farm, with all the upkeep that entails, when one spouse has dementia. It's extremely risky. How would you have the time and energy to arrange and facilitate a move, if spouse takes a downward turn? You'd have to arrange for perspective buyers to only come when husband is not home. And that may be problematic with a hostile and unpredictable dementia patient. Buyers could view the house with him there. It could be very stressful and hard to get it sold. Meanwhile, you'll have to pay others to keep up the chores. That's extra money.

I would discuss this with close friends and family members. Then I would consult with a financial adviser, attorney and also his doctor. I'm trying to think of even one of them who might think it was a good idea.
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Tarajane, if you are using joint funds to purchase a house only in your name, that would bring up a red flag when and if the time comes for Medicaid to get involved with the cost of a continuing care facility.

If the new house is in both names, then Medicaid will put a lien on half the value of the house. You would need to verify all that in Florida, as each State has their own way of doing things.

I am really wondering how you will have the energy to care of hubby, because as you know dementia only gets worse, and also have time to take care of the farm animals you wish to have with your new home. What if you are sick/injured [it does happen as we ourselves age], would hubby be able to go out and feed the animals for you or mend a fence or fix the shelters for the animals?
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