To receive Medicaid coverage for nursing home care, you must fill in an application for Medicaid. You can receive more information about Medicaid from your local government; the office that administers it is often called the department of human services or social services.
estate for years. Definition. An interest for a certain exact period of time in property leased for a specified consideration.
Explanation of Life Estate Deeds. A life estate deed is a deed form used to transfer property to one party automatically upon another partyâs death. The life tenantâs interest is called a life estate. The interest that passes to the remainder beneficiary is called a remainder. A life estate deed involves three categories of owners: Current Owner (Grantor) â The person who is creating the deed is called the grantor.