Philadelphia, PA asked in Real Estate Law and Elder Law for Ohio

Q: How do you protect one's assets that are willed to the family from the nursing home taking them.

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2 Lawyer Answers

A: Use the Find a Lawyer tab to consult a local estate planning attorney who is familiar with elder law and Medicaid issues, who can review all the facts and advise.

A: This issue is very time sensitive as Medicaid/ Medicare have a seven year look back period to examine any transfer that is less than the fair market value and an arms length transaction. You should consult an attorney who deals with medicare trusts to see if there is anything that can be done.

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