If my sister lives in my mother's home, can she still keep the house if my mother goes on medicaid.?
Question:
move to assisted living because my sister can no longer attend to all her needs. My sister has lived in the home for more than 5 years. Can my mom sign the house over to me not my sister and my sister can still live in the house even if my mom moves to an assisted living center or a nursing home?
Answers:
The answer may vary depending on which state you live in, for the house and the amount of assets owned. I highly suggest you contact an lawyer specializing in elderly law.
This stuf gets pretty tricky. I would suggest contacting a lawyer to find out for sure.
http://health.groups.yahoo.com/group/the...
No. Your mother's home will be taken by Medicare to pay for her care for the duration of her life. Your sister cannot live there and your mom can't sign it over to either of you. You can buy the house for the cost that the realtors are asking and then the house is in your name and owned by you. Thus, the money made from the sale will be used for your mom.
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