Posted on: 19th Oct, 2012 09:04 am
my father wants to give me his home before he dies, but I need to know which form so that the house does not go into probate and also is he allowed to deed me the home if he is on medicaid
Welcome Norma,
If he transfers the property to you now, then he may not qualify for Medicaid for the next 5 years. It will be better if you could take the opinion of an attorney before taking any further decision in this regard.
If he transfers the property to you now, then he may not qualify for Medicaid for the next 5 years. It will be better if you could take the opinion of an attorney before taking any further decision in this regard.
Hi Norma!
Welcome to the forums!
If he wants to transfer the property to you, then he can use a warranty deed if the property is free and clear. But as Adonis has said, your father may not qualify for Medicaid if he transfers the property to you know.
Feel free to ask if you've further queries.
Sussane
Welcome to the forums!
If he wants to transfer the property to you, then he can use a warranty deed if the property is free and clear. But as Adonis has said, your father may not qualify for Medicaid if he transfers the property to you know.
Feel free to ask if you've further queries.
Sussane