Q: My 90 yr old mother wants to sell her home and give the money to her 3 children.
She lives with me and I was wondering if we would have to pay the money back if I have to place her in a nursing home?
A: It depends on several factors. For example, did the children contribute to the upkeep of the house, other gifts she has made and is she competent, just to name a few. There are more beneficial ways of doing this transaction which will satisfy her goals. You should consult an attorney.
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