Will Medicaid take my home if I need nursing home care?
Well, I did deal with that a bit before but Medicaid does not take your home, certainly not during your lifetime and the nursing home does not take your home. But if you have a home that is sitting empty and you have bills and you want to know what’s the smart way to handle things. It might make sense, if you’re the only one living in the house, it might make sense to sell it and then figure how you’re going to use the funds. Yes, some of the money needs to go to the nursing home and we don’t tell clients that they’re not going to pay the nursing home at all. But for most of my clients, what matters to them is they want to know if there is something that they can preserve, that there is something at the end of the line and we can help with that. But just leaving a vacant house, in most cases, is not, not a good solution for you.
Esquire, Colliton Law Associates, P.C. Janet Colliton has practiced law for over 38 years, 37 of them in Chester County, Pennsylvania, a suburb of Philadelphia. Her practice, Colliton Law Associates, PC, is limited to elder law, Medicaid, including advice, applications and appeals, and other benefits planning including Veterans benefits, life care and special needs planning, guardianships, retirement, and estate planning and administration.