Can Medicaid treat the home as my parent’s asset? | NC

About this video

Q: Can Medicaid treat the home as my parent’s asset even though the deed names me as the remainder owner? A: Yes — in many situations, it can. If your parent kept a life estate, that means your parent usually kept a present ownership interest in the home, including the right to live there and use it during life. Medicaid looks at that retained interest, not just the names on the deed. So even if…