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ldhankie Asked May 2016

If the house sold would my dad keep the profits?

Mom is in the nursing home in Missouri and my dad is still in the house. The house has sold does my dad keep the profits

pamstegma May 2016
You have to report the proceeds to Medicaid IF the house was in BOTH names. Talk it over with mom's caseworker IF she is on Medicaid.

freqflyer May 2016
Sounds like your Mom is on Medicaid and Medicaid is paying for the nursing home. If that correct? If yes, depending on your State, Medicaid could claim half the profits. There are exceptions to the rules, you would need to contact Missouri's State Medicaid office.

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