Real Estate Law
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There will not be a lien, but there is a 5 yr look back with regard to asset eligibility. If they gift you a house and they need Medicaid for the nursing home the gift will delay the eligibility by pulling the value of the gifted house back into their estate.
It will not affect the title to the house. It will not be taken away from you.
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If 5 yrs passes before either parent needs Medicaid, then it will not be an issue.
It is probably a good idea to sit down with an estate planning attorney before changing title on such a valuable asset as a home. There could also be tax implications from the change in title.
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