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Eldercare
Reply to "Assets and long term care"
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[quote=Anonymous]Yeah, you need to talk with a lawyer in the state your mom lives in. I know I've seen information that in some states, when a person who co owns a house with someone else, not a spouse, applies for Medicaid to be able to pay for a nursing home, they need to state on the application that they intend to return to live in their house (even if they probably won't.). Then the house remains an uncountable asset and when they die, their half of the house just passes to their heir. https://www.elderlawanswers.com/what-happens-to-the-house-i-jointly-own-with-mom-when-she-goes-on-medicaid-14828 [/quote]
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