4 ms·
I also just learnt that Medicaid can place a lien on your house in some cases. Maybe, the solution is to move out of US, but that is equally difficult with an I
by vaidhy 3y ago
I also just learnt that Medicaid can place a lien on your house in some cases. Maybe, the solution is to move out of US, but that is equally difficult with an Indian passport.
- raincom 3y agoThere are ways to protect your home from such liens. Enter medicaid asset protection trusts.
- vuln 3y agoFlorida has the Homestead act to prevent this.
- mariojv 3y agoIANAL but Texas also has homestead laws that prevent creditors from seizing your primary residence: https://www.findlaw.com/state/texas-law/texas-homestead-law-overview.html#:~:text=State%20homestead%20protection%20laws%20help,pre%2Dexisting%20mortgage%20or%20lien https://www.findlaw.com/state/texas-law/texas-homestead-law-.... Not sure how that would apply with something like Medicaid
- ridgeguy 3y agoIn California, having your assets (home included) in a living trust shields those assets from Medicaid/Medical lookback forfeiture. [1] A living trust is a good idea for other reasons as well. [1] https://www.medicaidplanningassistance.org/asset-protection-trusts/ https://www.medicaidplanningassistance.org/asset-protection-...
- JohnFen 3y agoIf you're an American, good luck finding a nation who will take you unless you're wealthy or you have some special skill they desperately need.