Video Summary
If I go to a nursing home, will they take my house? The answer is no. Nursing homes usually are charged for their services. This is usually after you go to the hospital, you go to rehab, and then it’s determined that you need skilled nursing care. The cost of the nursing home, it runs about $8,000 or more per month. In the event that you cannot afford the $8,000 a month, you would need to apply for Medicaid or have your power of attorney or agent apply for a nursing home for you. There are two tests to obtain Medicaid so that the state would pay for your stay. One is an income test and the other is an asset test. And the asset test exempts your home from the determination. And also your home is exempt from the payment of creditors’ claims including, Medicaid reimbursement, as well as any judgments of any nursing homes that are involved. So the answer to your question, answer to the question is no. The nursing home will not take your home. They cannot take your home, nor can any creditor. If you have any questions, give me a call at (727) 847-2288.