Legal Question in Real Estate Law in Florida
quit claim deed
interested on options for quit claim deed or warranty deed related to my uncle's house he cant afford. I want him to stay and I can probably refinance, but dont want to affect any future medicaid issues. what implications are here,
1 Answer from Attorneys
Re: quit claim deed
NOTE: This communication is not intended as and should not be interpreted as legal advice. Rather, it is intended solely as a general discussion of legal principles. You should not rely on or take action based on this communication without first presenting ALL relevant details to a competent attorney in your jurisdiction and then receiving the attorney's individualized advice for you. By reading the "Response" to your question or comment, you agree that the opinion expressed is not intended to, nor does it, create any attorney-client relationship, nor does it constitute legal advice to any person reviewing such information, nor will it be considered an attorney-client privileged communication. If you do not agree, then stop right here, and do not read any further.
There are far too many issues to discuss in a paragraph or two. You should meet with a qualified real estate attorney or elder law attorney to discuss your options. Remember that there is a relation back rule so that unless you are making long term plans, Medicaid may affect your ownership interest in the house if your uncle requires assistance.
Scott R. Jay, Esq.