Quote:
Originally Posted by Gus1234U
i've been thru this with 2 of my cousins, one was when the law was only a yr, and my cousins were in total denial that their mother had alzheimers... so they lost the house to the nursing home rule...
the other was smarter, and got a power of attorney and some help, and got the house put in her name , hopefully her mother will be able to live with her for the 5 yrs to elapse...
i have a durable medical will that forbids nursing home care, only Hospice, so i don't think i will have to worry,,,, but i should still make some allowances for the unforeseen.
thanks for this thread~!
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It's a lot to think about. I wonder about putting her assets in a trust if that would protect them. My concern is if I should have her assets in my name and I have a wreck or something and get sued could she lose her home. I guess I just need to talk to an attorney about this. Soon.