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06-23-2011, 03:32 PM
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#7 |
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Senior Member
Join Date: Sep 2006
Location: Indiana
Posts: 1,367
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Hey Janet,
Since I work in the Recorders office....Most people put their property in a trust. To get away from probate and having to pay all the wonderful fees for when she passes away. If she would happen to go into a nursing home and she deeded the property to you before that. The nursing home could come back and take it away from you to help pay for her time there. Nursing homes cost about 2500 to 3000 a month to stay. In order for the nursing home not to get her property it would have to have been in your name for 5 years or more before she went to the nursing home. I know this doesn't answer your question very well. But that's what I work with every day. Hope it works out for you.
__________________
The real measure of a woman's wealth is what she has invested in eternity.  Linda aka 2tiredmom
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