My mother (89) moved in with me because she can no longer live on her own. She, my deceased father and I are joint tenants with rights of survivorship on the condo. I want to sell the condo but wondered if she were to need to go into a nursing home, would medicaid want all the money from the sale? I paid for half of the condo so I don't want to lose that money
When Dad passed...because of the "right of survivorship" you became the sole owner.
Medicaid cannot take from you the inheritance you got from a person who was not a Medicaid receipiant. Mom has nothing to do with this....never did.
If the condo had been owned by both parents and later they added your name, and it was done within 5 years of when your Mom might need to go into Medicaid, then it becomes complex regarding the Condo.
You might want to discuss this with an Elder Law Attorney, as each State's Medicaid rules could be slightly different.