Although your home is an exempt asset under the eligibility requirements of Medicaid, it may not be upon your death. The State may recover expenses that they incurred by providing you with Medicaid benefits for long term care. What this means is that the State can force the sale of your house and recover monies incurred by Medicaid.
Proper Medicaid planning can protect you from Medicaid Estate Recovery. Please contact us for more information at 573-883-5000. Don’t lose an asset that could have been protected for the benefit of your loved ones!
Feel free to browse this website for more information about Medicaid or any other areas of interest to you.