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Answers to your estate planning questions so you can take care of your family and yourself. Answers to your estate planning questions so you can take care of your family and yourself. Answers to your estate planning questions so you can take care of your family and yourself.
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Archives

Tag Archives for: "transferring house"
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 Should I Transfer House Out of Trust Before Selling It?
0
By Harry Margolis
In Real Estate, Revocable Trusts
Posted July 31, 2024

Should I Transfer House Out of Trust Before Selling It?

Question: I am the sole trustee and sole beneficiary of my deceased (2022) mom’s revocable realty trust. The property is located in Massachusetts. I live in Rhode Island. I have decided to [...]

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 How Can Mother Needing Nursing Home Care Protect Home for Disabled Daughter?
0
By Harry Margolis
In Long-Term Care Planning, Special Needs Planning
Posted April 1, 2021

How Can Mother Needing Nursing Home Care Protect Home for Disabled Daughter?

Question: My mother may need to go into long-term nursing home care and apply for Medicaid. She wants to be at home, but we are not sure how long we can continue to pay out-of-pocket for home [...]

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 Should My Parents Give Me Their Home?
0
By Harry Margolis
In Long-Term Care Planning
Posted October 26, 2018

Should My Parents Give Me Their Home?

Question: Should my parents give me their home to protect it from Medicaid? Response: Many people wonder if it is a good idea to give their home to their children. While it is possible to do [...]

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 If My Father Moves to a Nursing Home, will Medicaid Take his House Where I also Live?
4
By Harry Margolis
In Long-Term Care Planning
Posted February 23, 2018

If My Father Moves to a Nursing Home, will Medicaid Take his House Where I also Live?

Question: I’ve lived with my dad since 2011 but we never got a chance to put his house in my name. I moved in to help out because my mom passed! Recently my dad got sick, now he’s in [...]

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0
By Harry Margolis
In Long-Term Care Planning
Posted January 26, 2018

Can I Buy My Mother’s Home Just for the Outstanding Mortgage?

Question: If I purchased my mother’s home for the amount outstanding on her mortgage, will her Medicaid benefits stop? What happens if she has to move to a nursing home? My understanding is [...]

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 Can I Pay Off My Mother’s Mortgage in Exchange for Her Home Without Affecting Her Medicaid?
0
By Harry Margolis
In Long-Term Care Planning
Posted January 19, 2018

Can I Pay Off My Mother’s Mortgage in Exchange for Her Home Without Affecting Her Medicaid?

Question: So, if I purchase my mother’s home just for the amount owed on the loan now, will her benefits stop? My understanding is only if she were to have extra money? Also if I have [...]

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 Transferring House to Child with a Disability
0
By Harry Margolis
In Long-Term Care Planning, Special Needs Planning
Posted October 13, 2017

Transferring House to Child with a Disability

Question: My mother is receiving Medicaid now and wants to transfer her home to her son who is disabled, under 65 years old and has an income of less than $2,000. Can she do this even if she is [...]

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This comprehensive guide provides all you need to know (in plain English).

Harry Margolis book: The Baby Boomers Guide to Estate Planning

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(An Amazon Prime Reading selection)

Read Sample Chapters

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