Janesville, WI asked in Real Estate Law, Elder Law and Estate Planning for Wisconsin

Q: What is the best way for an adult child to buy her mother's house? Mother is in assisted living, house is paid off.

Are there ways to make this purchase while protecting the mother's assets? Alternative financing? Not using a real estate broker? Do siblings need to agree to the sale?

2 Lawyer Answers
William F Sulton
William F Sulton
Answered
  • Milwaukee, WI
  • Licensed in Wisconsin

A: Your mother can transfer the property to you at any time by signing a deed. She could also use a will or trust.

Thomas B. Burton agrees with this answer

Sarah Lynn Ruffi
Sarah Lynn Ruffi
Answered
  • Estate Planning Lawyer
  • Wausau, WI
  • Licensed in Wisconsin

A: You should consult with an elder law attorney to consider planning for Medicaid planning purposes.

Thomas B. Burton agrees with this answer

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