Legal Question in Wills and Trusts in Colorado
How to title a home I share with my 83 YO mom
How should Mom & I each hold title? We are buying a home together. Assuming I outlive her, if we have joint ownership will that put me at risk of losing the house? She has 3 kids altogether & wants each of us to split her estate equally. Do we need to somehow exclude the house so I don't lose it upon her death?
Also what if she needs nursing home care that exceeds her insurance? Can they confiscate that?
Asked on 3/24/07, 4:09 pm
1 Answer from Attorneys
Bernard Greenberg
KOKISH & GOLDMANIS, P.C.
Re: How to title a home I share with my 83 YO mom
Go and consult with an experienced attorney in your area. Your Mother should have a separate attorney to properly represent her interests.
Answered on 3/24/07, 6:28 pm