Q: If a parent’s home is to be given to the child in the will but the parent has became ill and requires assisted living
Or nursing home care can the house be signed over to the child before admission?
A: There's a lot of different things that can be effected if the house is transferred to the child when the parent enters a nursing home. For example, if the parent is going to need to qualify for Medicaid to pay for their nursing home stay, transferring the home may penalize them on the Medicaid application. It would be best to meet with an elder law attorney to address the specifics of your situation and discuss your options.
A: I would not sign over the deed until you talk to an elder law attorney that can explain in detail the qualifications for Medicaid to pay for the assisted living. There are lots of complicated rules.
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