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A Certified Elder Law Attorney who specializes in asset protection may be able to help you. nelf.org.
You need to start planning immediately if you want to protect your house.
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The "hinge" is if yougo to a rest home. If you pay your own way, then the house is not an issue...If you go on Medicaid, then Medicaid will want their outlay to be repayed when you die, and that would likely include their going after your house. Having it in a trust may help you shield it from being taken by Medicaid... Your heirs have no stake in this issue as I see it..If your "trust" shields something for them, good for them..If not, look at the bright side that you will be cared for.

As an aside, my wife has been on Medicaid since June, 2009 and has been in full nursing care since...That has saved us roughly one half million dollars, more or less. Our house has a market value of about $150K...Seems like a pretty good deal for us.

Grace + Peace,

Bob
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One plan is to try to stay in your home for the rest of your life, maybe have your son come in to help take care of you. But that isn't always possible.

Another plan is if you need a higher level of care, such as Assisted Living, then one may have to sell their house and use the equity to pay for such care. My Dad sold his house, and used to self pay for his care.

Another plan is to apply for Medicaid. But later on Medicaid would like to be paid for all the money spent on your care. If you have a house, it is only fair once you have passed, that the house is sold and Medicaid takes what they need to pay your bill. Otherwise, us taxpayers would be paying for your care.
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