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.
An asset is property you acquire to help produce income for your business. For tax purposes, there are six categories of non-real estate assets. Each has a designated number of years over which assets in that category can be depreciated. Here are the most common: Three-year property (including tractors, certain manufacturing tools, and some livestock)