How To Prevent Nursing Home From Taking House. My husband is ill and at some point will go to a nursing home. To protect the financial security of the “community spouse” (i.e.
Even if it’s your family taking care of you. Selling the house might be an option for a single medicaid beneficiary. A key component to proper planning is setting up a trust;
Sitting around and hoping others will take care of you is not the way to avoid a nursing home.
There are things you can do, but whether or not to do so depends on the amount of money involved, among other things. And your property is safe from being subject to a medicaid lien. It is illegal to hide money from the government, but a living trust helps you shelter. However, the way states interpret medicaid eligibility rules varies.