How to prevent nursing home from taking house with no doubt
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There are things you can do, but whether or not to do so depends on the amount of money involved, among other things. In that event the kid’s might have to. You cannot use any of your money to pay for your house (taxes, insurance, etc.).
The average cost of nursing home care in pennsylvania is now around $100,000 a year.
And most other health insurance policies (except for special “long term care”. My husband is ill and at some point will go to a nursing home. To avoid a nursing home, you need to maintain a healthy lifestyle in lots of different ways. If someone wants to apply to medicaid, so that medicaid will pay for their nursing home stay then yes, medicaid is aid so medicaid does have asset.