Can medicare, nursing home, or government make you sell your home if you are a joint owner of the home but not a married couple, after you run out of money for a nursing home care?
Concerned, it is my understanding that Medicaid could place a lien on half the house if one owner is using Medicaid and is in a nursing home. Medicaid is a program that is paid for by the taxpayers, thus if there is an asset it is only fair that Medicaid be reimburse. Medicaid would take up to 1/2 of the equity.
Joint ownership can be anyone, couple married or not, siblings, parent/child ownership, etc. Same if 3 or 4 are owners of said property. It could be 1/4 or 1/5, whatever.
Usually the lien doesn't come into play until the half owner passes away. But prior, can the half owner who isn't in Medicaid be able to maintain the cost of the house on their own, like paying all of the property taxes, utilities, homeowners insurance, wear and tear, yard work, etc. ?
I would recommend you speak with an Elder Law Attorney to get much needed information for your own State, as each State has their own rules and regulations, with some items the same across the board for all States.
Medicaid will not put a lean on the house till the owner passes. This lean must be paid off when the house sells. My cousin, who is disabled, still lives in his Mom's house. But, if he sells, he has 23k in Medicaid lean that has to be satisfied. Not sure how that works if co-owner is not disabled. Ask Medicaid.
Joint ownership can be anyone, couple married or not, siblings, parent/child ownership, etc. Same if 3 or 4 are owners of said property. It could be 1/4 or 1/5, whatever.
Usually the lien doesn't come into play until the half owner passes away. But prior, can the half owner who isn't in Medicaid be able to maintain the cost of the house on their own, like paying all of the property taxes, utilities, homeowners insurance, wear and tear, yard work, etc. ?
I would recommend you speak with an Elder Law Attorney to get much needed information for your own State, as each State has their own rules and regulations, with some items the same across the board for all States.