Protect Home From Medicaid

Summary

In Louisiana, to protect your home from Medicaid, consider transferring ownership to a Medicaid Trust, purchasing long-term care insurance, or using a Life Estate or Lady Bird Deed. Consult a local attorney for personalized advice.

Full Conversation

How can I protect my home from Medicaid/nursing home if I would happen to need long term care
Hello ****, the laws regarding Medicaid and asset protection vary depending on your location. Could you please tell me where you live?
Louisiana
Hello ****, In Louisiana, some methods to protect your home from Medicaid include:
*. Transferring ownership of your home to a "Medicaid Trust"
*. Purchasing a long-term care insurance policy
*. Utilizing a "Life Estate" or "Lady Bird Deed"
Please consult with a local attorney for personalized advice.
Ok,thank you
You're welcome, ****! If you have any other questions in the future, don't hesitate to ask. Remember, it's always best to consult with a local attorney for personalized advice. Stay safe!