Putting your childrens' names on the title is giving them a gift. This may disqualify you for Medicaid for months or years if you need it within five years of changing the deed.
Putting your childrens' names on the title is not necessary for the home to not be counted in determining your eligibility for nursing home Medicaid.
If you want your home to pass to your children free of Medicaid estate recovery, consult a local elder law attorney about a transfer on death deed. You can find one near you using the website of the National Academy of Elder Law Attorneys (www.naela.org).
This is general information. It cannot substitute for a personal consultation with an attorney. It is not intended to be legal advice or imply an attorney-client relationship.
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