Am I allowed to keep my house if my spouse goes on Medicaid?
The rules differ by state, but in Florida, the primary residence is an exempt asset as long as the applicant has an "intent to return" and the equity in the home is equal to or less than $730000 OR has a spouse living in the home and the equity in the home is equal to, or less than, $730000.
While the attorney that recommends asset protection strategies will ultimately determine if your home meets the designation of exempt, for most people, the term "home" coupled with an ownership interest is adequate to understand what constitutes "homestead" property for purposes of Medicaid.