Posted on: 24th Nov, 2007 10:46 pm
My mother has my brother and myself with her as joint tenants on her property. But, she wants to Quit claim to us, because she doesn't want the State to attach the property when she passes. Is this possible to do? Will we have any liens on the property if she passes? She is on Medicaid/Medicare.
Hi CURIOUS,
Welcome to this forum.
Yes, lien can be placed on the property after your mother passes away as she is on Medicaid. Your mother should use Warranty deed instead of quitclaim deed to transfer the property to your name. You should also contact with an attorney regarding this matter.
Thanks,
Larry
Welcome to this forum.
Yes, lien can be placed on the property after your mother passes away as she is on Medicaid. Your mother should use Warranty deed instead of quitclaim deed to transfer the property to your name. You should also contact with an attorney regarding this matter.
Thanks,
Larry
Hello Curious,
First and foremost, signing a quit claim to remove her name from the deed might make her ineligible for the currently received medicaid as well as future medicaid for as long as 5 years.
If your mother passes away, then her heirs should either sell off the house to pay off the medicaid or, if they wish to keep the house, they should satisfy the claim with their personal funds.
First and foremost, signing a quit claim to remove her name from the deed might make her ineligible for the currently received medicaid as well as future medicaid for as long as 5 years.
If your mother passes away, then her heirs should either sell off the house to pay off the medicaid or, if they wish to keep the house, they should satisfy the claim with their personal funds.