Legal Question in Real Estate Law in Illinois
My Mother recently suffered a severe stroke. Without any assets besides their home, can my mother sign a quit claim deed and take hre name off the house? My father would like to make sure that she is Medicaid eligible for the long term care she will need in a home.
Asked on 3/27/10, 2:53 pm
1 Answer from Attorneys
David Labovitz
Labovitz Law Firm, P.A.
Medicaid has a "look back" period. Therefore, transferring the home doesn't accomplish what you're trying to do. However, the home is considered an exempt asset under certain circumstances. You should consult with a competent elder law attorney before taking steps on your own.
Answered on 4/01/10, 2:58 pm
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
