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Medicare/long term care/property

a loved one owns property and is currently on medicare. He may have to go into a nursing facility. But I have heard that it required that he sells his property or the state will take it. Is that ture and how far in advance must he tranfsfer ownership?

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Attorney answers (3)

Reputation Level 16
I suggest that you contact financial planner Don Wallace in Sarasota at (941) 870-0070 or his son, an elderlaw attorney in Plantation at (954) 236-0492 (www.floridaelderlaw.com). I believe both can help your loved one with the planning issues that are common before entering a nursing facility.

Good luck.
Dennis Phillips, Esq.
www.inawreck.com

Reputation Level 16
I accidentally omitted the name of elderlaw attorney Scott Wallace in my prior post. 954-236-0492 www.floridaelderlaw.com

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Reputation Level 14
First-There are many qualified Pinellas County elder law firms that can help you. Your homestead property is exempt and does not have to be sold and can not be taken from you or your friend. It further does not have to be sold and the look back period does not come into play on a homestead property.

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