My name, my sisters, and my mothers are listed as the owners of my mothers house. My mother entered a nursing home several weeks ago for rehab, and probably will have to stay there permanently. After she spends down her money, she will apply for Medicaid. When she does apply, what happens to her house? Can it be sold, and if not, can the taxes and insurance be paid out of her spend down money, or wouldn't Medicaid approve? She lives in N.Y.
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At that point, when she is gone and the property is not subject to the 30% claim, we can sell the house.