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 Esq.

  • Waukesha, 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

  • 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

Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.

The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.

Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.