> Elder law homeowner question.?

Elder law homeowner question.?

Posted at: 2015-03-04 
If your mother is eligible for Medicaid according to her income and assets, her estate will be levied after she passes away. In my state th is applies to people who start Medicaid after age 55. If she is not eligible for Medicaid, she could either buy long term care insurance or sell the house to pay for nursing care.

Well yeah. How do you plan to pay her expenses?

If they are not directly paid for and the state pays then your mothers assets are used to pay for her expenses after her death.

It sounds like she has other assets though, there isn't any specifying which assets are sold to pay her debts.

Yes, they can since it is an asset of hers. That said, she has another home, etc. If you plan correctly, then your home should be safe.

After she passes they can put a lien on her half of the house. Eventually when you sell they get paid first.

Hello, my mother was diagnosed with stage 3C cancer 2 years ago. All has been well, but my mothers attorney has gotten her to look into elder law. She is near the age of retirement, and therefore concerned about insurance as well. We had a concern.

We are joint tennents on my home as I couldn't get a mortgage for the house myself and she wanted say in her assets as well. The house has since been paid off, and we remain joint tennents on the title. However, I pay the house insurance every month and the taxes every year. She lives in her own home.

The plan is for me to take care of her at home if anything ever goes wrong, but we are both concerned about the home. If she goes onto Medicaid or in a nursing home, can the state take our house since it is in her name as well? We plan on going to an elder lawyer in Illinois but the worry is driving me crazy. Anybody have any insight?