The main problem you may face relates his need and qualification for medicaid and nursing home care. The house is an exempt asset if he has an intent to return to the home, or a spouse or dependent is living there. If he is likely to need nursing home care within the next five years, you need to do some medicaid planning.
The main problem you may face relates his need and qualification for medicaid and nursing home care. The house is an exempt asset if he has an intent to return to the home, or a spouse or dependent is living there. If he is likely to need nursing home care within the next five years, you need to do some medicaid planning.
