A Guide on What to Do with Your House When Moving to a Nursing Home

A Guide on What to Do with Your House When Moving to a Nursing Home

It’s that point in your life that you have expected but was unsure when it would come. Your body struggles to do the things you once handle exceptionally well. You find yourself searching for something when indeed you are holding them in your hand. You have forgone meals on uncountable occasions because your back cannot lift you from the seat without a struggle.

In short, it’s time to move to a nursing home or assisted living. You might have left early except for a recurring concern about what will occur in your home. After all the investments, time spend and memories created, you dread it all.

Moving to the nursing home leaves you with many concerns. Does the house get sold? Can you transfer it to others? And when sold, who receives the proceeds, and by how much?

Don’t worry any more. Here are some of the options for your property when moving to a nursing home;

Contact an Attorney

These various concerns are hard to clear except with a qualified estate attorney. Work with an attorney who will help you through the whole process right from leaving home until everything is settled.

Bay Area Legal Services has worked with various elderly citizens transitioning to the eldercare homes. Work with them to help you plan on the next steps. They will assist you to look into the costs involved in medication and other care-related concerns.

The attorney understands the state’s laws and regulations on how to handle your house. They will also help align your finances and provide the necessary advice.

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Selling the Home

Now that you are moving to another place, you won’t fancy having your house stay around without an occupant. Most elderly prefer to sell their house, most so if there is no family around.

Selling the house is an involving task that involves several steps to accomplish. The first step in selling the home is to make it presentable. You might need to invest in value addition projects like renovation and painting to ensure you get the most from the house’s sale.

The other concern is on the marketing as you need to reach prospective sellers through various channels. A slow sales process can become overwhelming to you quickly.

Consider working with a reputable real estate agent to help you sell the house. Involve your attorney through the process to help you in pricing.

Transferring a Home

Various states provide for different provisions on transferring homes before moving to elderly care. In some states, transferring your home comes with a Medicaid penalty period. Others allow you to transfer without penalty. Consult with your attorney before you start the transfer process.

Most states allow you to transfer the house to a spouse or a child below 21 years or disabled. You might also put the home into a trust for the benefit of a disabled individual. The other transfer options are a caretaker child or a sibling with an equity interest in the house.

Estate Recovery

There are cases when Medicaid will have your house as a lien for the amount of money you spend on your care. This will only happen if you decide to sell the house when moving to elderly care.

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If you transfer it, then the law might still apply when the new owner dies or moves out. The state can then attempt to collect the lien based on the house.

The only time when the house is safe from Medicaid recovery is when you co-owned the house with your spouse or when the house is in an irrevocable trust. Consult with your attorney to be sure.

Bottom Line

Moving to a nursing home is an overwhelming period for most homeowners. You are never too sure whether to sell or transfer the house to a loved one. You might also struggle to understand the laws and regulations regarding the home transfer or sale.

The only way to have a smooth transition is to engage a legal representation. Let them handle all the planning and transfers while you attend to your care.


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