Estate Planning Attorney

The Estate Planning & Elder Law Center can help you with:

Estate Planning Corporate Planning Asset Protection

Important Facts About Medicaid: The Home

Depending on the state, nursing home residents do not have to sell their homes in order to qualify for Medicaid. In some states, the home will not be considered a countable asset for Medicaid eligibility purposes as long as the nursing home resident intends to return home; in other states, the nursing home resident must prove a likelihood of returning home. In all states, the house may be kept if the Medicaid applicant’s spouse or another dependent relative lives there.

» Medicaid Introduction
» Resource (Asset) Rules
» Treatment of Income
» The Home
» Protections for Healthy Spouse
» Is Transferring Assets Against the Law?
» The Transfer Penalty
» Exceptions to Transfer Penalty
» Estate Recovery

The Estate Planning & Elder Law Center of Southeast Missouri, P.C.
720 Forest Avenue
Cape Girardeau, MO 63701

 

Phone: 573-651-0003
Fax: 573-651-0007