The Medicaid Homestead Exemption allows a person who has entered a nursing home to apply and qualify for Medicaid even if they still own their home, assuming all other economic thresholds are met. In order for the Homestead Exemption to apply, the nursing home resident or the […]
Read more →Archive for the Medicaid Category
When a parent or loved one gifts assets to you, they will become ineligible to apply for Medicaid for a period of time. The ineligibility period will begin when the person who made the gift applies for Medicaid. The length of the ineligibility period will be equal to […]
Read more →Be very careful when you help to sign a parent or loved one into a nursing care facility. Make sure that only the person entering the nursing home is financially responsible for the cost of care. DO NOT sign anything making you responsible for paying for the […]
Read more →
