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.
âWhat is a life estate?â Usually, it has to do with real property, or when the time period in which you own something is measured by a life. So, therefore, itâs for an indefinite period of time. We usually encounter life estates when youâre dealing with real property, particularly with a homestead.