My uncles health has been declining but he has all his faculties. He wants to sell his home to pay for in home care but we believe he will be going to a nursing home. I have heard that even though the house is sold, Medicaid can still go after the home if the money from the sale of the home has been spent. Is this true? Does anyone know?
If the house is not sold at Market Value, then Uncle could be penalized for the difference in the Market Value and what he received. Same if he gave away any of the proceeds, he will be penalized.
Medicaid does not take houses.
If he sold the house before he applied for Medicaid he wouldn't own a house for them to recover money from, what you were told doesn't even make any sense.