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HomeFAQ › What Happens to the House

What Happens to My Parent's House When They Move?

There's no single right answer -- it depends on your parent's finances, whether the house is needed to help fund care, and family circumstances. Common paths include selling the house outright to help pay for care (especially if private-pay assisted living is the plan and savings alone won't cover it long-term), renting it out for ongoing income, or, less commonly, keeping it vacant temporarily while a family member decides. If Medicaid may eventually be part of the picture, be aware that a home is often treated differently than other assets under Medicaid's rules, and selling or transferring it can have real consequences for eligibility -- this is worth discussing with an elder law attorney before making a decision, not after.

Weighing What to Do With the House?

Darlene can point you toward the right professionals to help you think it through.