attn Attorneys

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What are the chances of losing a home if it belongs to someone in a nursing home?

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Since I'm not going to be representing you, it would be inappropriate of me to directly advise you, legally.

However, you need more information - is the person on Medicaid? Any mortgage on the house? Other resources to pay for care such as an annuity, pension, long-term care policy, etc.? Is the home co-owned or otherwise in a community property regime?

Tough to answer without those (and I'm sure there are other) facts.

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I was told by someone that the homestead should protect it.

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Those laws vary from state to state, as well as on how much value we're talking about, other resources available, etc. I mean Medicaid technically has a lien from jump street when they start paying. At the end of the day, some things are exempt, others aren't and yet others can be negotiated.

I would get told by "someone" with a law license before you start spending your own money. I am an attorney and I had problems with Medicaid over Pops Midnight's very modest estate while he was still alive.

Not a lawyer but there is what is called 'Lady Bird deeds' or Enhanced Life Estate Deeds.

Its designed to protect the assets of family.

I think Louisiana has this on the books. Can't explain it fully so I would be on it pronto.

GL

IIRC Medcaid/Medicare have a three or five year clawback period for assets.