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Does parent to child transfer of all funds and property entitle free state nursing home aid after five years since the transfer of all funds and property?
Wiki User
∙ 14y ago
Without researching the laws of all 50 states, I BELIEVEthat five years satisfies most (if not all) the requirements for this maneuver.
Wiki User
∙ 14y ago
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What happens when parent sells property to child a couple of weeks before entering a nursing facility in NOrth CArolina?
That means that the parent gets some extra money and the property stays in the family.
If a child has been given a house with a parent having a lifetime right of occupancy and parent has to go to a nursing home can the child sell the property?
The parent must consent to the sale.
If am a Disability of child and my parent is going to a nursing home can I with a power of appiontment protect the house from medicaid?
If you are "permanently and totally disabled" as defined by Social Security and living in your parent's home, your parent can probably transfer the home to you without penalty.
Can hospice make you put your parent in a nursing home?
No they can not make you put your parent in a nursing home.
Can father transfer his house to his daughter without informing sons since he is over age 80 and under medical treatment?
Of course. As long as he is of sound mind and not a victim of fraud or undue influence he can do whatever he wants to with his property. An aging parent will often transfer property to a child who has been of extraordinary help to that parent or who needs more help than his other children. It's up to the parent to decide what he does with his property.
What are the pros and cons of having a life estate agreement for a parent who may have to enter a nursing home?
Pros: It allows the parent to retain the right to live in the property until their passing, potentially providing stability and comfort. It may also offer some protection for the property from being taken to pay for nursing home care. Cons: This arrangement could complicate the parent's eligibility for Medicaid if they need to enter a nursing home, as the property may be considered an asset. It may also limit the family's ability to sell or transfer the property if needed.
Can a child have the rights to their parents' property if in jail?
Generally, being incarcerated does not take away a person's property rights. However, if there is a mortgage to pay, property taxes, insurance and utility bills, the property could be lost for non-payment. If you are dwelling in the property and paying for the upkeep and maintenance, then you should request your parent transfer ownership to you. If you need to manage the property for your parent then he/she must execute a Power of Attorney that names you as the attorney-in-fact. That would give you the authority to stand in for your parent, sign your parent's name and manage the property. The parent could also transfer ownership to the children if he/she will be incarcerated for a long time. The situation changes when a parent is found criminally responsible for the death of the other parent. In that case the incarcerated parent's right to any marital property is wiped out and title passes to the children. You should seek the advice of an attorney in your area who could review your situation and determine what your rights and options are.
What does court order child support entitle the non custodial parent to?
Nothing as far as visitation is concerned.
Can a parent deed his property without signatures of other siblings?
If the parent owns the property they can convey it to the grantee of their choice.If the parent owns the property they can convey it to the grantee of their choice.If the parent owns the property they can convey it to the grantee of their choice.If the parent owns the property they can convey it to the grantee of their choice.
What has the author Lorraine Olszewski Walker written?
Lorraine Olszewski Walker has written: 'Parent-infant nursing science' -- subject(s): Maternity nursing, Research, Parent-Child Relations, Methods, Maternal-Child Nursing 'Strategies for theory construction in nursing' -- subject(s): Philosophy, Nursing Models, Nursing mocels, Nursing, Nursing Theory, Nursing models
How can you avoid negative tax ramifications for the transfer of the title and loan of a property from parent to a child in California for a property that was purchased 4 years ago?
You need to file a Propositon 58 with the Assessor's office. This is an exclusion for reassessment when the transfer of the real property is between parent and child. To get the full exclusion you must file within 3 years of the tranfer/recoradation, otherwise the exclusion would begin with the current fiscal year.
How do you transfer a deed when a parent dies without a will in Georgia?
You may have to have a probate court rule on ownership before you can legally sell or give away the property.
