Should my mother deed her Georgia home to me to avoid nursing home costs?
You and Mom need to meet with local medicaid attorney. Gifting it back could cause more gift tax problems but your mom's gift could cause a look...
Selected as the best answer
Largo, FL
Estate planning Lawyer at Largo, FL
Practice Areas: Estate Planning, Tax ... +2 more
You and Mom need to meet with local medicaid attorney. Gifting it back could cause more gift tax problems but your mom's gift could cause a look...
Selected as the best answer
Best bet would most likely be to have a living trust. You would still get a step up in basis and not be making a gift.
The guardianship is your only choice because your Mom does not have mental capacity to sign a legal document.
Full ownership subject to liens, mortgages of record etc.
Yes-your children are eligible.
I agree with attorney Haber-you should follow his advice.
It would be hard in this forum to disagree with your mother's attorney who stated she had waited too long to take action.
Attorney Crawford has given you a great answer-you would wise to follow his advice. You should give attorney Crawford credit for "best answer".
I agree-you should be able to get police clearance.
I think it would be improper for an attorney to comment on another attorney's behaviour -especially with the facts presented from one view.