Legal Question in Real Estate Law in New York
My father just entereda nursing home. He did not out his house in my name til last year. He has a life interest in the house. I have to apply for medicaid for him. I cannot sell the house due to the life interest. The nursing home says I should put it back in his name or I will have to pay all closing costs and other expenses of selling the house. Supposedly if I put it back in his name he or the estate will cover those expenses. I know there will be no money left after the house is sold, that will go to medicaid. I just need to know whether I should put house back in his name. I don't want to have spend money to sell something I will get no benefit from.
Asked on 9/26/12, 6:17 am
1 Answer from Attorneys
Thomas Sirianni
The Law Office of Thomas A. Sirianni
Give me a call directly. 516-314-1343 tommy
Answered on 11/18/12, 9:07 pm