Can my mother transfer title (to pay off the remainder of her mortgage) of her house to me before she goes into a nursing home when she still has a mortgage?
Asked on 4/30/12, 3:46 pm
1 Answer from Attorneys
Robert Luedeman
solo practitioner
She can, but if you're trying to divest assets ahead of Medicaid, there's a five year lookback period. so unless she's going to stay out of the nursing home for five years, it won't work.
Answered on 5/01/12, 6:08 am
Related Questions & Answers
-
If a person is in a nursing home and rental property lived in by the son is asked to... Asked 4/05/12, 1:23 pm in United States Iowa Elder Law
-
My parents are elderly and my Mothre has dementia and my father has trouble walking... Asked 10/27/11, 2:34 pm in United States Iowa Elder Law
-
Is it possible for a mandatory reporter to report possible elder abuse when he read... Asked 1/23/11, 3:36 pm in United States Iowa Elder Law
-
My dad has Parkinson's disease and other health problems . He's coherent but has... Asked 11/12/10, 10:36 am in United States Iowa Elder Law
-
My father was in a nursing home on private pay. I was listed as POC to contract... Asked 9/11/10, 7:14 am in United States Iowa Elder Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
