Do individuals learn about believed loans by taking more than a good parent’s house?
Plus the mother or father not shedding the Medicaid. My mother is in an assistant lifestyle studio and you will she will discover lengthened come home, and i had gotten in touch with the borrowed funds business and you will they informed me that i can change the name to the financial on my term , exactly what i’m wanting to know was i am scared of my mom dropping their own medicaid. is also people help me to with this. i have a great POA and when my personal mommy dies our home goes to me personally anyhow?
fifteen Responses
Of numerous beneficial address and suggestions but in actuality the clear answer/suggestions is based on hence condition you reside while the all the county possess more eligibility and home recuperation legislation.
As an instance, Florida does not lay Medicaid liens and won’t endure non-probate possessions neither often they get well a property bought an excellent homestead within probate if the heir was a member of family (that it homestead dedication differs than simply one to to possess possessions taxation otherwise post valorem income tax aim).