Posted on: 18th Jun, 2007 02:25 pm
My in-laws would like to quitclaim their home to my husband. Both in-laws are retired and receiving government assistance. They can't afford to lose their home. It's all they have. The reason they want to quitclaim to my husband, is because they have a "loser" son, whose name is exactly as my father-in-laws' name. My brother-in-law is buying merchandise on credit, by using my in-laws info. He has ruined my in-laws credit standings, which "was" excellent. Is it true that if they do quitclaim to my husband, that any money the government has paid to them, will have to be reimbursed? We also don't know whether a lein has been put on their home. Also, will it raise the property tax, and will my husband have to pay that. Please help.
Which kind of government assistance they are receiving? Are you talking about medicaid?
"We also don't know whether a lein has been put on their home."
Any lien is placed or not can be checked by doing a title search. If any such lien has been placed by any creditor then a title search will reveal them.
The other thing you have asked is about increase in property taxes. Let me tell you that by transfer of title in your husband's name property taxes will not get increased.
Miller
"We also don't know whether a lein has been put on their home."
Any lien is placed or not can be checked by doing a title search. If any such lien has been placed by any creditor then a title search will reveal them.
The other thing you have asked is about increase in property taxes. Let me tell you that by transfer of title in your husband's name property taxes will not get increased.
Miller
"Is it true that if they do quitclaim to my husband, that any money the government has paid to them, will have to be reimbursed?"
Yes it is likely that the expenses will have to be reimbursed. But you should talk with any elder law expert to know how local agencies in your state apply the federal rules on this.
Yes it is likely that the expenses will have to be reimbursed. But you should talk with any elder law expert to know how local agencies in your state apply the federal rules on this.
"My brother-in-law is buying merchandise on credit, by using my in-laws info. He has ruined my in-laws credit standings, which "was" excellent."
They are victims of identity theft and as such should take necesssary steps to stop further damage to their credit.
How they can recover out of it : ftc.gov / bcp / edu / microsites / idtheft / consumers / defend.html
They are victims of identity theft and as such should take necesssary steps to stop further damage to their credit.
How they can recover out of it : ftc.gov / bcp / edu / microsites / idtheft / consumers / defend.html
They purchased their home years before receiving both Medicare and Medi-Cal.
Hi Felicia,
If property is transferred their eligibility will cease and the lien will have to be satisfied by paying back to state the expenses that were incurred in coverage of their care to date.
If property is transferred their eligibility will cease and the lien will have to be satisfied by paying back to state the expenses that were incurred in coverage of their care to date.
Thank You for your helpful input to my questions. I hope everything turns out OK for my in-laws.