My Mother doesn't own her house outright, she has a mortgage on it. Also, she borrowed money for her hearing aids and has yet to pay for her burial items. She is going into a SNHF for PT and OT soon (paid by insurance) to work on her independence (she is a newly AK amputee at 83). If she cannot work up to assisted living status she will need to stay long term at the SNHF (private pay). She won't be able to pay more than 2 months with her savings, but if we sell her house she could pay a little longer, then need Medicaid. I'm not sure whether to go ahead and put her house on the market, or wait until she is broke, and we are applying for Medicaid. I'm assuming Medicaid will tell her to sell the house in order to be eligible. Can anyone help me with information please? thanks
In most states, the MEDICAID recipient can own a house and a vehicle. But get advice before you do anything, please.