Legal Question in Wills and Trusts in New York
how to change your property deed
We would like to put our house in our
kids names to prevent the government
from selling our house should we have
to be put in a nursing home at
government expense. they are over
18yrs old.
2 Answers from Attorneys
Re: how to change your property deed
It is quite easy to deed over the property. However, to make certain that the government does not come in and void the deed to pay for nursing home expenses is quite complicated. You should have a lawyer explore all of the problems.
If you would like to consult with this office, please feel free to contact me.
Re: how to change your property deed
That's a great idea and a common practice. There's a 5 year look back period that you have to be concerned about and other issues. Transfering the property is not complicated or expensive. Contact me if you want more information