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Old 02-04-2012, 06:22 PM   #32
gja1000
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Join Date: Sep 2006
Location: Central Texas
Posts: 5,717
Judy is right. If she has to go into a nursing home and doesnt have enough money to pay the monthly nursing home bill, Medicaid (not Medicare) will pay for it, if she doesn't have any other assets that could be sold to pay for nursing home care. If Judy still owned her home, then it would have to be sold and the money used to pay for the nursing home. When that money ran out, then Medicaid would pay. In order to keep the home, Judy would have to put the home in Jesse's name 5 years before money would be needed for a nursing home.
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