I am the alternate agent under my mother's durable power of attorney. My stepdad is named as the primary agent. My mom and...Read more
Yes and no. Medicaid has a claim against the estates of beneficiaries to recover the costs of care for which they paid. Whether you will have to sell the house to satisfy this claim depends on a number of factors, including the amount of the claim and whether you have other sources from which to pay it, such as your own savings or taking out a mortgage on the house. Also, in some instances you can take steps now to protect the house from claim, or it may qualify for a hardship waiver. To see if you or someone else in your family may qualify for these exceptions, you will need to consult with a local elder law attorney.
For more on steps that can be taken to protect a house from Medicaid recovery, click here.
Local Elder Law Attorneys in Ashburn, VA
Mindy Felinton concentrates in the areas of Medicaid planning, Veterans' Benefits, asset protection, nursing home planning, elder law, wills, estate planning, trusts, living wills, powers of attorney, probate administration and trust administration and began her legal career 30 years ago as an Assistant State Attorney...
Margaret A. O’Reilly is an estate planning and elder law attorney with over thirty-five years of legal experience. Attorney O’Reilly graduated from Duke University with a degree in psychology, and received her law degree from Northeastern University School of Law in Boston, Massachusetts. For over 15 y...
Medicaid Rules, etc