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My grandparents are in bad health. If they deed their land to me and have to later enter a nursing facility what are the rules? I was told the land could be claimed by nursing home in 5 year? Im confused? How can i protect it?
answered on Aug 21, 2015
Medicaid has a Five-Year Lookback period. This means that Medicaid can look back five years from the date that an applicant enters a nursing facility. Any gifts or transfers made for less than fair market value in the five years preceding the date of entry will disqualify the recipient from... View More
My mother is on medicade and medicare and is in the nursing home for rehab. she is getting out dec. we don't won't her to loose her house to keep the state from getting it.
answered on Apr 26, 2014
Nope. Medicaid by law is mandated to seek recovery from your mother's estate when she dies. If she gives the house away now then she will not be eligible for Medicaid.
The time for planning was long ago before your mother started receiving Medicaid. However, your mother should see an... View More
answered on Aug 16, 2013
I cannot answer the question of when other than the time when you are unable to care for your person or financial affairs.
As to how and who, someone - either a relative (most likely)or perhaps the state/county aging/mental health department (if there is no one else) could file a... View More
answered on Mar 22, 2013
What do you mean? Its too late for your father to make a will or power of attorney for finances/healthcare or an advance directive/living will unless your father's dementia is not all that advanced. Even then, your father would need to consult with and elder law attorney about that. If your... View More
About 7 yrs ago, my friend's daughter convinced her to move here. She sent her $5000,00 down payment on the house. The daughter handled the paper work from this end. Three days after moving here, my friend was devastated over the loss of her husband, she did not think to look at the papers... View More
answered on Mar 22, 2013
It is unethical to discuss your friend's legal problems with you.
First, no one knows what your friend signed 7 years ago. If it was a power of attorney in favor of the daughter, it can be revoked by your friend. If your friend signed over the deed to the house to the daughter, that is... View More
answered on Mar 18, 2013
It depends. Just because you are both on the deed doesn't mean that she gets all the money. Only 50% would be hers. Why does the home have to be sold now?
answered on Mar 18, 2013
Legally? No. Property can be conveyed in only one of 2 ways: either by a gift between people who are living or a person can give away property by will or trust upon their death.
Anything else would meet the definition of theft (theft occurs when you take property owned by someone else... View More
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