Legal Question in Real Estate Law in Virginia
I live in va own home free and clear to lessens my assets removing name from deed has been suggested what are my home rights if I do so
Asked on 7/31/14, 6:25 pm
1 Answer from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
You might end up being homeless (at least for a while) if
your purpose in disavowing ownership of your home is to qualify for federal SSI benefits and prevent your state of residence from recouping from your personal assets any such benefits paid out in your behalf for nursing home or other elder type care.
Answered on 8/01/14, 7:10 am