Posted on: 01st Jul, 2010 10:11 am
can you quick deed your house so a nursing home can't take it
hi guest!
welcome to forums!
transferring property though quit claim deed does not always help a person to save his or her property from nursing home. rather it may disqualify the person from getting medicaid benefits for the next 5 years. if a ladybird deed is allowed in your state, then you can go for it as it does not affect the medicaid eligibility of a person.
feel free to ask if you've further queries.
sussane
welcome to forums!
transferring property though quit claim deed does not always help a person to save his or her property from nursing home. rather it may disqualify the person from getting medicaid benefits for the next 5 years. if a ladybird deed is allowed in your state, then you can go for it as it does not affect the medicaid eligibility of a person.
feel free to ask if you've further queries.
sussane