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.
The real estate must have a determinable useful life.. 4. The real estate must last for more than one year. Even if your property is held as collateral for a debt instrument like a bank loan, you are considered to own the property for tax depreciation purposes.