I’ve heard of that Medicaid can take your home, is this true?
The answer is yes and no. There is a Medicaid estate recovery mandate, so the program can place a lien on the property if it is in your direct personal possession at the time of your passing.
However, there are some exceptions to the rule. If one of your adult children has been living in the home for at least two years to provide care that has enabled you to live in the community, you can give the home to the child. It would be protected during the recovery phase.
There would be no lien placed on the property if an independent spouse is remaining in the home after the death of their spouse, and this also applies to blind or disabled adult children.