Posted on: 02nd Oct, 2009 11:59 am
My mother has no bills, owes no one. My sister and I are on the will 50-50. She does not have much time left in life, and is a private pay in a nursing home. Mind is 100% sound. Is it best to do a quitclaim deed, so that the house does not go into probate? House is 100% clear in my mothers name. She pays for the nursing home 10K a month. If one owes no-one is there probate?
quit claim deed would be the best option for you in this situation
also in this situation there shoudl not be any question of probabte.
probabte is a legal process in which the final debts of are settled and legal rights to the property are passed on to the heris
also in this situation there shoudl not be any question of probabte.
probabte is a legal process in which the final debts of are settled and legal rights to the property are passed on to the heris
Hi dprice,
I hope your mother is not taking the benefits of Medicaid. In that case, she can definitely sign a quitclaim deed and transfer the property to you. This will help you in avoiding probate that would have resulted from a will.
Thanks
I hope your mother is not taking the benefits of Medicaid. In that case, she can definitely sign a quitclaim deed and transfer the property to you. This will help you in avoiding probate that would have resulted from a will.
Thanks
Yes. she can sign a quit claim deed and transfer ownership roghts to you & your sister.