I’m Thinking About Entering into a Contract for Deed With Someone Who May Go to a Nursing Home; Should I Reconsider?2022-07-162022-07-16https://www.laboelaw.com/wp-content/uploads/2020/09/laboetaskerlogo.pngLaboe & Tasker, PLLChttps://www.laboelaw.com/wp-content/uploads/2020/09/laboetaskerlogo.png200px200px
Yes. If the gentleman qualifies for Medicaid coverage, his interest in the property might be subject to Medicaid’s estate recovery claim upon his death. We would recommend consulting with a local elder law attorney to make sure the transaction is structured in a way to avoid this claim if possible.