Legal Question in Real Estate Law in Texas
My mother will soon have medical bills that outweigh her resources. Her lone remaining asset will be her home. Can she sign the home over to me (her son) in order to prevent the potential proceeds from its future sale being touched by medical collections?
Asked on 7/05/10, 3:59 pm
1 Answer from Attorneys
Cheryl Rivera Smith
The Smith Law Firm
No. It would be deemed a fraudulent transfer.
Answered on 7/10/10, 7:02 pm