Follow
Share
This question has been closed for answers. Ask a New Question.
Find Care & Housing
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.
Helpful Answer (1)
Report

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.
Helpful Answer (1)
Report

This question has been closed for answers. Ask a New Question.
Ask a Question
Subscribe to
Our Newsletter