When my brother passed his adult kids were shocked to see I was the aexecutor of his estate. He quit his job, lost his I surname and could have gone to VA hospital but refused he ended up on medicaid. His kids were frantic about me beingin charge. I didnt want to be in charge as I have been dealing with my moms caregiving for many years. Their attorney called and asked if I would sign off. I said yes. He said he would send I. Mail. 9 months later I get the sign off letter. It seems that if you don't probate will for 9months medicaid sometimes misses the fact that the person owned property. My brother owned his house free and clear (our mom bought it for him). So by waiting to probate his kids got to keep the house and keep the money from the sale. Brother also had lots of cash he gave to them as soon as he found out Hejaz stage 4 cancer. Inoperable. They found a way to beat the system. I am ashamed ofthem(although they were never close and have never had anything to do with my mom- their grandmother) This is one of the reasons our government (only a small reason)is in debt. Fraud. This is in the state of Indiana. His bills were etween150,000 - 200,000. The tax pagers had to pay for this.
Does your dad have other assets or monthly income that will cover the cost of the nursing home? If he can prvate-pay the nursing home costs without touching the house, then, sure he can leave it to whomever he wants to.
Did one of his children or grandchildren live in that house with him fo two years or more and care for him in such a way that it delayed his needing the nursing home? If so, he can give the house to that person.
If he needs public assistance to pay for the nursing home, then he is expected to use all of his assets on his own care first. He could sell the house and use the proceeds to pay for NH and then go on Medicaid when that money runs out, or he can keep the house and the state will have the right to recover what they spent on his care out of the sale of the house after he dies. Note that he will not have the means to pay taxes, insurance, or upkeep on the house while he is in the NH.
States are not equally aggressive in how they "recover" funds from a house.
In general, persons going on Medicaid typically don't have anything of monetary value to pass to another generation.
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This is one of the reasons our government (only a small reason)is in debt. Fraud.
This is in the state of Indiana. His bills were etween150,000 - 200,000. The tax pagers had to pay for this.
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Did one of his children or grandchildren live in that house with him fo two years or more and care for him in such a way that it delayed his needing the nursing home? If so, he can give the house to that person.
If he needs public assistance to pay for the nursing home, then he is expected to use all of his assets on his own care first. He could sell the house and use the proceeds to pay for NH and then go on Medicaid when that money runs out, or he can keep the house and the state will have the right to recover what they spent on his care out of the sale of the house after he dies. Note that he will not have the means to pay taxes, insurance, or upkeep on the house while he is in the NH.
States are not equally aggressive in how they "recover" funds from a house.
In general, persons going on Medicaid typically don't have anything of monetary value to pass to another generation.