Approx cost to remove spouses name from deed in Marple twp Delaware Co pa

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   Michael P Pierce

   Media Personal Injury Lawyer

   Contributor Level 6

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   Answered May 31, 2012 14:53. I agree with my colleague regarding transfer of assets. The questions that need to be addressed include why are you doing this, what do you hope to accomplish and how is the house currently titled. The cost do the actual transfer through a deed would be relatively inexpensive but the preliminary issues above should be addressed first. When I say relatively inexpensive I would suspect under 300 dollars for a deed revision. Hope this helps and good luck. I would be happy to review this matter with you.

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   L. Maxwell Taylor

   Middlebury Litigation Lawyer

   Contributor Level 20

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   Answered May 31, 2012 12:49. Be careful!! Transfers of substantial assets to protect them from a Medicaid lien when an elder must enter a nursing home results in a period of disqualification for Medicaid benefits at precisely the moment the elder needs them.
   
   There is a way to preserve the family home from a Medicaid lien, involving the elder's retention of a life estate in the property and the deeding of the remainder of the fee interest to the relative, but it needs to be done carefully, mindful of the rules applicable to such spend-downs of assets as they relate to Medicaid eligibility. Please do yourself the favor of consulting with an experienced elder-law lawyer who handles Medicaid planning in your area. Your county or state bar association may be able to refer you to someone. Do not do this yourself!
   
   Not legal advice as I don't practice law in Pennsylvania. It's just my two cents on your question in light of general principles of law. If you need legal advice, please consult a lawyer who holds Pennsylvania licensure. That's not me.

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3. Licensed in PA

   

   Steven J. Fromm

   Philadelphia Tax Lawyer

   Contributor Level 20

   Answered June 06, 2012 04:43. Remember too that if you transfer the house via a gift you would not get a partial step up in basis for the property that you would obtain if the property passes to you at death. Get with an elder lawyer to discuss all of your options and to explore the best strategy for your particular sitatuion.
   
   Hope this helps.
   
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   Mr. Fromm is licensed to practice law throughout the state of PA with offices in Philadelphia and Montgomery Counties. He is authorized to handle IRS matters throughout the United States. His phone number is 215-735-2336 or his email address is sjfpc@comcast.net , his website for more tax, estate and business articles is www.sjfpc.com. and his blog is

   LEGAL DISCLAIMER Mr. Fromm is licensed to practice law throughout the state of PA with offices in Philadelphia... moreLEGAL DISCLAIMER Mr. Fromm is licensed to practice law throughout the state of PA with offices in Philadelphia and Montgomery Counties. He is authorized to handle IRS matters throughout the United States. His phone number is 215-735-2336 or his email address is sjfpc@comcast.net , his website is www.sjfpc.com. and his blog is Mr. Fromm is ethically required to state that the response herein is not legal advice and does not create an attorney/ client relationship. Also, there are no recognized legal specialties under Pennsylvania law. Any references to a trust, estate or tax lawyer refer only to the fact that Mr. Fromm limits his practice to these areas of the law. These responses are only in the form of legal education and are intended to only provide general information about the matter within the question. Oftentimes the question does not include significant and important facts and timelines that if known could significantly change the reply or make such reply unsuitable. Mr. Fromm strongly advises the questioner to confer with an attorney in their state in order to ensure proper advice is received. By using this site you understand and agree that there is no attorney client relationship or confidentiality between you and the attorney responding. This site should not be used as a substitute for competent legal advice from a licensed attorney that practices in the subject area in your jurisdiction, who is familiar with your specific facts and all of the circumstances and with whom you have an attorney client relationship. The law changes frequently and varies from jurisdiction to jurisdiction. The information and materials provided are general in nature, and may not apply to a specific factual or legal circumstance described in the question or omitted from the question. Circular 230 Disclaimer - Any information in this comment may not be used to eliminate or reduce penalties by the IRS or any other governmental agency. less

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