My father is currently on Medicare and has a nice pension. Several years ago, he set up a living trust that gives me 100% of his estate after he dies. He was just diagnosed with a major illness. So, it's possible at some point he might have to enter a nursing home, his income and Medicare benefits could be exhausted, and he'll have to apply for Medicaid. I understand Medicaid has a 5 year look back. We're not trying to get around that. What we're trying to avoid is Medicare forcing the sale of the house after he dies. I want to keep and live in my father's house. It's in a beautiful, and now very expensive, housing market. The house has accrued hundreds of thousands of dollars in equity. I'm fine with Medicaid putting a lien on the house and forcing repayment if I sell the property after it's already in my name. But, I have no way of coming up with potentially ten's of thousands of dollars in order to prevent a forced sale before it's in my name.
Assuming they can't force a sale and they put a lien on the house, does that lien accrue interest?
Is it possible to pay the lien with a second mortgage?