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HockeyMom

(14,337 posts)
26. Yes, their cousin told them that
Sat Jun 24, 2017, 08:23 PM
Jun 2017

New York. There was a window where they had to transfer ownership of the house. I think he said it was a 5 year time period. My husband and his sister inherited the house from their Mom. He paid her his share of it, before she married her second husband so he was not an owner of the house. She had sole ownership.

This is why it had to be done right away with Dementia diagnosis, and to get her to agree to it while she still was able to have the capacity to sign it. I believe her physician had to sign a statement too. Her son's POA and Health Proxy also had to be done in this time period. It was very rushed, but again, they had a family member attorney to advise them.

My Mom's situation wasn't the same. No "real property" involved. She went herself to her bank and signed all the papers for a joint account and I just cosigned them and she got me a key. Mom had Cancer. Different situation.

Hopefully, all this is legally taken care of. The bigger problem now is what is going to pay for her nursing home if she is cut from Medicaid.

Recommendations

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Repubs worship at the alter of wealth and power SHRED Jun 2017 #1
I am so sorry. FUCK THEM!!! 50 Shades Of Blue Jun 2017 #2
This is tragic and cilla4progress Jun 2017 #3
+++++++ agree, could happen to any of us iluvtennis Jun 2017 #12
I guess the gop Scarsdale Jun 2017 #13
It won't be cut immediately and elehhhhna Jun 2017 #4
4 children HockeyMom Jun 2017 #7
Michigan has a 5-year "look back" provision that will check for assets transferred within Purveyor Jun 2017 #10
Yes, their cousin told them that HockeyMom Jun 2017 #26
Different states have various look-back provisions, Ilsa Jun 2017 #16
I am so sorry for your family's situation. It is so heartbreaking. smirkymonkey Jun 2017 #5
What is there to say? Well put sharedvalues Jun 2017 #6
I am truly sorry for your family's woes...sending positive thoughts for you... Moostache Jun 2017 #8
Medicaid has a "look back" period. virgogal Jun 2017 #9
No GOP in heaven, fer sure benld74 Jun 2017 #11
Have they talked to any hospice organizations? csziggy Jun 2017 #14
Thanks so much for mentioning Hospice, csziggy. They are a godsend. nt Hekate Jun 2017 #18
They are - with all my family members they were so much help csziggy Jun 2017 #20
Yes, that is basically what they are trying to do HockeyMom Jun 2017 #27
It's odd that it is taking so long csziggy Jun 2017 #28
i hope they can help her. mopinko Jun 2017 #32
The GOP answer.. shut up and die.. mountain grammy Jun 2017 #15
I'm very sorry for your situation. Ilsa Jun 2017 #17
Not only grovel for a dignified passing NJCher Jun 2017 #22
One "positive" for your SIL is that Medicaid cuts don't really take effect for several years. Hoyt Jun 2017 #19
Very sad situation. Attorney-relatives marybourg Jun 2017 #21
If this travesty passes and is signed, acquaint yourselves with the term "filial responsibility". roamer65 Jun 2017 #23
Sorry to hear it, HockeyMom. roamer65 Jun 2017 #24
I am so sorry, HockeyMom. sheshe2 Jun 2017 #25
It is basically a Nightmare that will only get worse HockeyMom Jun 2017 #29
I am so heartsick! hamsterjill Jun 2017 #30
Medicaid exempts the house if a familial caregiver has cared for the patient for 2 years. Trust Buster Jun 2017 #31
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