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Medicaid

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jennyjank@gmail.com Guest	Posted: Mon Jul 11, 2011 7:57 am    Post subject: Medicaid Like 0 Dislike 0 Same type of question as above - I have lived for 10 years with my elderly father. He put my name on the deed immediately when I moved in with him. Now I am applying for Medicaid for him since he no longer can walk and needs more care than I can give him with my full-time job. What if I were to take out a mortgage to buy his interest in the house - of course giving those proceeds over to Medicaid?? Would Medicaid still try to take the house?? We are in Michigan........ Jennifer _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
smithsussane Joined: 18 Sep 2008 Posts: 10439 Location: Alaska 985.83 Dollars($)	Posted: Mon Jul 11, 2011 8:19 pm    Post subject: Like 0 Dislike 0 Hi jennyjank! Welcome to forums! If you pay off the required amount to the Medicaid, then they won't take th property anymore. They will be getting back their dues in cash from you. Feel free to ask if you've further queries. Sussane

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