Legal Question in Real Estate Law in New York
Property disposal
If a person needs to go to a nursing home/senior residence home and currently owns the house they live in, are they required to sell the property before being considered eligible for the nursing home/senior residence?
Asked on 10/10/06, 10:41 am
1 Answer from Attorneys
Walter LeVine
Walter D. LeVine, Esq.
Re: Property disposal
You are not compelled to sell the house. However, if you try to obtain Medicaid, this could be a disqualifying asset. You do not say if you are married, if the house is occupied by your spouse and/or children? This may be a problem down the road if you need Medicaid assistance. I suggest you speak with a local Elder Law attorney familiar with Medicaid matters, who may be able to help you plan for this.
Answered on 10/10/06, 11:05 am
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