My mother-in-law has $75,000.00 cash between checking, savings and a CD. If she turns the money over to her kids and she then goes into a nursing home, do they need to pay it back? Also, if she were to put the money in joint tenancy, would it be subject to nursing home assets?
Asked on 2/12/11, 8:37 am
1 Answer from Attorneys
Daniel Reiff
Reiff Law Office
The answer to this depends on quite a few factors. It would be worth meeting with an attorney to help you.
Answered on 2/18/11, 12:40 pm
