Can a Medicaid Recipient's Rental Income Be Used to Pay Mortgage or Must It Go to the Nursing Home?
My great-aunt recently entered a nursing home due to severe dementia. She owns her home, and I am on the deed as co-owner...
Read moreWe can’t tell you for certain, but probably not. The answer depends on the law in your state regarding Medicaid estate recovery. If your state does not seek recovery from non-probate property, the state will not be able to collect from the policy. Even if your state has expanded estate recovery law to include non-probate assets, the state still might not be able to track life insurance policies. Just make sure that the beneficiaries your mother wants are named on the policy. A local elder law attorney could give you a definite answer. To find an attorney near you, go here: http://www.elderlawanswers.com/elder-law-attorneys.
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My great-aunt recently entered a nursing home due to severe dementia. She owns her home, and I am on the deed as co-owner...
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When one member of a couple moves to a nursing home, we expect that spouse will be the first to die, but this isn’t...
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Suppose a husband who collects disability benefits moves into a nursing home and is approved for Medicaid. Medicaid covers...
Read moreMedicaid Rules, etc