This half-day program will review a variety of issues related to homesteads and other non-income producing real property. Included will be the definition of a homestead, Medicaid policy on mortgages held by Applicant/Recipients (A/Rs), life estate issues, reverse mortgages and liens on homesteads and
non-income producing real property.
As a result of the training, participants will be able to:
- Interpret the interaction of home-based assets on eligibility
- Explain when a homestead is exempt
- Discuss life estates, mortgages and promissory notes