PROTECT YOUR HOME FROM MEDICAID LIENS (PART 2)
Last month we discussed the dangers of having the government put a Medicaid lien on your home and property if you end up in a nursing home. Remember, a “revocable living trust” cannot protect your home from nursing home costs.
Some senior citizens who are worried about Medicaid liens just give the house to the children. I do not think this is wise. There are many cases in which the parents gave the home to the children, then the children