My mother owns her home and I live with her. She is currently in a nursing/rehab and her private pay insurance and medicare have run out. If she goes on Medicaid, can Medicaid force the sell of her house when she dies to reimburse them? I know it has to be transferred out of her name for 5 years, is it too late to do that, even if she can come home and lives over 5 years?
Anyone know if this is the case in California, that the caregiver who has lived there for a number of years can continue living in the house upon passing of parent...and what about reverse mortgage part?
So far all 6 siblings are not concerned about getting their share of the house. They all have great jobs and their own homes. I am going to have a document drawn up stating that they relinquish all rights to the property and that I will not go after them for money to keep the house going once Mom is in a nursing home. It's a huge house that needs work, and I will have to pay the heat, taxes etc., but at least I won't be thrown out of the only home I've known. Each state is different, but check with a lawyer that specializes in elderly matters. They will know your state laws, and be able to give you suggestions on the matter. Good luck!
You are an adult child, not a spouse. If you were a caregiver to your mother for a sigificant time, there may be options, but you'd have to check with an elder attorney or an estate attorney -someone who knows the Medicaid laws and how your state operates.
Good luck,
Carol