my mother has lifetime use of our family home.( which is in mine and my brothers name) my mother is entering a convalescent home.We are thinking of selling or renting the home,do we need to take my mothers name off the deed.?
1 Answer from Attorneys
It depends on whether Title XIX is a concern. If it is, just know that they will treat the life use like any other asset, subject to the 5 year look-back period. If not, then it's probably a good idea to take her off.