I am 75 years old and my wife is 71, our house is paid for and I would like to know how to transfer ownership to our son with me and my wife having life time rights to live in house. Also I would like to know how to keep the state from taking my home to pay nursing home fees if they should accur.
Answered on: 8/22/11, 7:44 am by Cheryl David
It is important that you see an attorney to do this transfer correctly so that the concerns you addressed are handled legally. Improperly transferring the property could have devastating repercussions if care is needed in the next few years. Please contact our office (336)547-9999 or choose an elder care attorney through NAELA.org.
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Law Offices of Cheryl David 528 College Road Greensboro, NC 27410► Other answers from this attorney