If you are about to enter a nursing home and still own a residence, you may be able to transfer the house to another family member so that it will not have to ...

7 мар. 2024 г. · This article discusses several techniques to protect assets from potential future long-term care and nursing home care costs in Pennsylvania.

How Can I Keep My House Safe from a Nursing Home? · Plan Ahead · Consider Transfering Ownership of the Home · Age in Place with a Sale-Leaseback.

8 июл. 2024 г. · 1. Purchase Long-Term Care Insurance · 2. Sell or Transfer Assets · 3. Create a Medicaid Asset Protection Trust · 4. Choose Home Health Instead · 5.

Many people lose their house, but there are steps you can take to protect assets and avoid losing your house to the nursing home.

12 апр. 2013 г. · But neither the government nor the nursing home will take your home as long as you live. Unfortunately, there is a program called Medicaid ...

The state will not take your house while you are living in the nursing home or anywhere else. The state has a program called “Medical Assistance. Estate ...

STEP 1: Treat your loved ones with the gift of financial security before it's too late. No one can predict the future and safeguarding your assets is an ...

The Medicaid “look-back” period prevents people from simply transferring all their assets to their children and then declaring themselves to be under the asset ...

This report details how the Irrevocable Medicaid Asset Protection Trust is used to protect assets from spending on nursing home care.