If you decide to sell your house, the price can impact your MaineCare eligibility. If you sell your house for less than “fair market value” you may be denied MaineCare. If you are selling your home to anyone, even a family member, for less than the house is worth, talk to an attorney first.
Also, if you are thinking about giving your house to someone as a gift, you should know that doing so might mean that you will be denied MaineCare. If you are thinking about doing this, you should talk to an attorney first.
Call the Legal Services for the Elderly Helpline at 1-800-750-5353 to talk to an attorney for free.