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Eldercare
Reply to "Assets and long term care"
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[quote=Anonymous][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,[b] they need to state on the application that they intend to return to live in their house (even if they probably won't.).[/b] 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] Yes, I remember something about this. It never came down to this for our family, but I did look into what was required.[/quote]
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