Find out in your state how far back they can go to determine if they can take an asset. In some states they can go back 3 years, some more. What I mean is if your parent "sells" the house to you or transfers it and years later she passesaway after the cut off "look back" date, they cant touch anything.
IT IS CRITICAL to research everything NOW. This is true for bank accounts, retirement money, stocks, etc. Anything. Protect your/your parents assets. There is no reason you should let anyone touch anything if there is a way to prevent it.
No and Duped explained it well. NHs and Medicaid will not take a house. But as said, they can place a lien on it. When the house sells the lien is satisfied.
Are you referring to a private-pay nursing home or are you referring to a Medicaid SNF?
If you are referring to a private-pay nursing home and your parents passed away and they owed the nursing home money while they were in the facility, the nursing home can put a lien on their home to recoup the balance owed.
Otherwise, if you are referring to a Medicaid facility, the nursing home is not the one to put a lien on the home. Medicaid is the one who will put a lien on the home upon the death of your parents in order to recoup any money that was paid out to take care of your parents while they were alive. Medicaid is a program for people with very limited income and resources and it’s funded by taxpayers’ dollars. Medicaid will always try to recoup money spent in order for the program to effectively continue.
No nursing home can take your parent’s house away. Never happens. If your parent enters a nursing home and ends up using Medicaid to pay for it, a government program for people who cannot afford to self pay, then when that parent dies, Medicaid has the right to place a lien to recoup the government tax money spent on the nursing home care. It’s completely legal and completely fair, but the individual nursing homes have nothing to do with it
The nursing home doesn’t take the house. What happens is if your parents are on Medicaid to pay for the care at the nursing home, the State which oversees the Medicaid program will seek reimbursement by placing a lien on assets( in most cases the house) your parents have.
Medicaid pays for services that help people stay in their own homes. It also pays for people to move to a nursing home, if that is what they need. To help pay for these long-term services, every state must have a Medicaid Estate Recovery Program (MERP).
The lien, also, is not placed until after death. In recovery you tell them there is a house. You then get a letter saying a lien has been placed and the amount of the lien.
IT IS CRITICAL to research everything NOW. This is true for bank accounts, retirement money, stocks, etc. Anything. Protect your/your parents assets. There is no reason you should let anyone touch anything if there is a way to prevent it.
If you are referring to a private-pay nursing home and your parents passed away and they owed the nursing home money while they were in the facility, the nursing home can put a lien on their home to recoup the balance owed.
Otherwise, if you are referring to a Medicaid facility, the nursing home is not the one to put a lien on the home. Medicaid is the one who will put a lien on the home upon the death of your parents in order to recoup any money that was paid out to take care of your parents while they were alive. Medicaid is a program for people with very limited income and resources and it’s funded by taxpayers’ dollars. Medicaid will always try to recoup money spent in order for the program to effectively continue.
Read about MERP here:
https://www.verywellhealth.com/how-the-medicaid-estate-recovery-program-works-1738836