Posted on: 30th Oct, 2010 02:38 pm
I want to know if I put my home (paid for) in my daughters name, and I have to go to a nursing home, can they take my home?
Hi Guest,
Once the property is transferred to your daughter, the nursing home won't be able to come after that property. However, if you want to take advantage of Medicaid, then you should note that it has a look back period of 5 years. It means that you won't be able to take advantage of Medicaid benefits for the next 5 years.
Once the property is transferred to your daughter, the nursing home won't be able to come after that property. However, if you want to take advantage of Medicaid, then you should note that it has a look back period of 5 years. It means that you won't be able to take advantage of Medicaid benefits for the next 5 years.