EPISODE · Jul 31, 2024 · 29 MIN
Home Purchased After Buyer Is Institutionalized Counts As A Resource | 8 - 23 - 24
from Dallas Elder Law Attorney · host Michael Cohen
A recent Texas Supreme Court decision concludes that a Medicaid applicant must pay for and occupy a homestead prior to nursing home admission for it to be excluded as a resource. Purchase of an ownership interest after institutionalized does not accomplish spend-down for the government to help pay for care.
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Home Purchased After Buyer Is Institutionalized Counts As A Resource | 8 - 23 - 24
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