Legal Question in Health Care Law in New Jersey
mother / son joint tenents on deed
In order to avoid nursing home fees, can my 84 year old mother sell her house to me for the amount of $1.00?
Asked on 8/30/07, 8:21 am
1 Answer from Attorneys
Glenn Brown
Real World Law, P.C.
Re: mother / son joint tenents on deed
Unlikely.
There is an extended look-back period for the disposal of assets, especially those that are given up for below market value.
You would be advised to sit down with an attorney knowledgeble in elder law issues.
Services available for a reasonable fee.
Good luck to you.
Answered on 8/30/07, 9:59 am
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