Posted on: 23rd Oct, 2010 06:05 pm
Three years ago my aunt deeded her property to me with a life estate. If she were to go into a nursing home what would be my responsibility. How does Medicare work? Would she lose the house? How many years does Medicare go back in Rhode Island? thanks
what are terms in life estate?
The terms just state "life estate" thats all?
Hi Phyllis!
Welcome to forums!
Though your aunt has the life estate rights to the property, she is not the owner of the property. Medicaid won't be able to come after your property to recover their dues. Medicaid has a look-back period of 5 years.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
Though your aunt has the life estate rights to the property, she is not the owner of the property. Medicaid won't be able to come after your property to recover their dues. Medicaid has a look-back period of 5 years.
Feel free to ask if you've further queries.
Sussane