Legal Question in Elder Law in New Jersey
transfer of property
My Father is elderly and disabled and I am his 48 year old son and am on social security disability myself but have lived with him in his home for several years and have taken care of him during his illnesses. He never transferrred his home to me for lack of knowledge of Medicaid law and I am worried about Medicaid should he ever reach a point where I can't handle him any longer and have to put him into a nursing home. He has a large ranch style home and he was unable to get around there any longer, using only a portion of the house, so we moved to a small condo where everything is conveniently within a few feet for him and he is selling the house. Is there any way to protect the proceeds of the house from Medicaid as he would obviously want that money to go to me?
1 Answer from Attorneys
Re: transfer of property
this can definitely be done (transfer of the house to you) under two different Medicaid rules; you need to consider your own disability as well in terms of how you take title.
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