Can you lose a house to a nursing home?
2 answers
|
Last updated: Mar 10, 2013
Answers
A
50% helpful
Hello.By law, they can take any asset with your moms name on it ,unless it ALL was signed completely over to you 7 yrs back. Now,if she had been in the Military and you put her in a Military Nursing home, you get to keep it all. That is the only way to Not Lose anything. IThe 7 yr Law really Sucks..Losing all the inheritance,including Life Insurance,The will does'nt even apply at this point.
More Answers
100% helpful
Be sure to set all Life insurance into a Living trust with her favorite mortuary, I has to sell and turn over the funds to the nursing home of my family members car and home. I also had to liquidate all certificates of deposit and other assets. A big hug to you vj6464. May the Lord bless you.