Legal Question in Wills and Trusts in Michigan
alzheimers and inheritance
My mother is starting to show
symptoms of alzheimers. At first it
was believed that she had dementia,
but the forgetfulness and repetition
of stories has increased dramatically.
She is a widow and not many assets
other than her home a lot on a lake
near her. She always said that she
would pass this on to me and the
lake house to my sister after she
deceases. There are two problems,
one is that she may not have a will
and the second is that if she incurs
huge medical bills, I've been told the
lot would be considered an asset and
could be use to pay the bills. My
question is , in the state of Michigan,
is there an limit of time after a
person is declared mentally
incompetent that they can still
transfer properties...or would this
have to be done a certain amount of
time before they are declared
mentally incompetent? Thank You
2 Answers from Attorneys
Re: alzheimers and inheritance
I'm guessing your mom is not "declared mentally incompetent" therefore, she could sign deeds to the property. Contact me at www.kliszlaw.com to discuss further. Tim Klisz
Re: alzheimers and inheritance
If she is not mentally incompetent she can still transfer property. However, transferring property shortly before incurring bills that one knows will be incurred can cause issues in and of itself. If your mother is already mentally incompetent, then I don't think she can just sign deeds, there is a legal process for someone to obtain guardianship or conservatorship over someone in order to manage their assets and debts.