my mother (82 years of age) has entered into a life estate several years ago with her four children as heirs. My question is that if it should become necessary for her to enter a nursing home, is the home or any portion of it considered her asset that can be "spent down" or otherwise tapped prior to her being elibible for medicaid funding should she outlive her other assets? Thank you.
Professional Association
J. Brooke Aker has written: 'Law of Wills in PA' 'How to build a more profitable wills and estates practice' -- subject(s): Estate planning 'Pennsylvania estate planning and drafting' -- subject(s): Estate planning, Tax planning 'Law of wills in Pennsylvania' -- subject(s): Wills
For those who wants to have a higher chance of passing their PA real estate exam, there are various online courses that offers real estate exam preparation and review for students to be able to prepare and review for their upcoming licensing exam in PA.
PA real estate provides real estate services in Pennsylvania. This includes helping one sell a home, purchase a home and having agents around to discuss issues.
The following is a listing of Pennsylvania law schools for Pennsylvania residents wishing to study law: Pennsylvania State University Dickinson School of Law (Carlisle, PA), Duquesne University School of Law (Pittsburgh, PA), Drexel University College of Law (Philadelphia, PA), University of Pennsylvania Law School (Philadelphia, PA), University of Pittsburgh School of Law (Pittsburgh, PA), Temple University James E. Beasley School of Law (Philadelphia, PA), Villanova School of Law (Villanova, PA), Widener University School of Law (Harrisburg, PA). There is also a wide range of online schools that offer law degrees. A great site for these online schools is www.lawschools.com.
James Buchanan's estate was known as Wheatland, in Lancaster, PA.
She says, ram pa pa pum, ram pa pa pum, ram pa pa pum, me say wha man down, now wha me say.
Generally, if property is given away during life it does not become a part of the estate after death.
professional association
RealEstateExpress.com should be able to provide you online real estate courses for your area.
Contact any real estate broker in that area and they will have a listing of real estate and the prices. It will depend on the location if the prices will be reasonable.
"PA" It actually means PENDING APPROVAL when it is a short sale through the lender