Bad news.
There is a law giving the states (all but one and I can't remember which one) the right to take all of the assets of a person who uses medicaid.
They can't take the "estate" until they die but they can go back 5 years and take any property that was transferred.
When I got guardianship of my mother, they starting calling every 3 months and asking when I would start paying on her hospital bill. It was over $100,000 already.
I put made her funeral (prepaid) a non-revokable contract so they couldn't cash it out.
Between the hospital and nursing home, they wanted close to $350,000 dollars. Because they don't understand small towns, they expected me to sell her house and be able to give them the money. They just knew that it was worth hundreds of thousands of dollars. The house was assesed at 50,000.
After 2 1/2 years, they lost because I was ready to let the county have the house for back taxes and so I get to buy it back from the state for $28,600.
Transfer all assets before medicaid is applied for or needed.
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