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My mother is 76 and has decided she wants to deed her house to me and my four siblings in case she needs to go to a nursing home in the next 5 years. With our family history, odds are she won't need to go until her mid 90s. She says under Medicaid she can't have any assets if she and Dad need to go to a nursing home. She did the same with her mother some years ago. I am concerned because one sibling has filed for bankruptcy twice and the other may get a divorce in the future (and is unemployed.) What is the best way to deed the house now but where an individual sibling can't hurt the home in the meantime? Would deeding to our family corporation keep a sibling's creditors away and prevent detrimental decisions (i.e. borrow against equity) made w/o corporation's consent? Tax consequences?