My brother has a car valued @ $2700 that Dad signed for and is registered and insured in my father's name. Can the car stay in Dad's name?

Question

C

Coley333 Asked April 2019

The car is payed off.

My brother paid for the car but has know proof as the car has been paid for for over 10 years.

My father is applying for Medicaid long term- can the car stay in his name?

1 Answer

score 1 · Answer 1

In most states, one car is an exempt asset and not counted.