terry pettett
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Posted: Tue Sep 02, 2008 9:20 am Post subject: deeds |
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Back in 1994, my mother and father made a quick claim deed to bascily add my name to the deed. It was in all three of our names, my father passed away in 1998. My mother is 82, in longterm care, had a stroke. She will have to go on medicaid in the future. What will happen to her house? It says on the deed, all rights to surviver! Now will the State of Michigan be able to take the house? I`m playing catch up. This is very frustating to say the least! Thanks Terry _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant |
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jameshogg

Joined: 20 Dec 2005
Posts: 4291 Location: nevada
509.34 Dollars($)
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Posted: Wed Sep 03, 2008 10:58 pm Post subject: |
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Hi terry pettett,
What the deed implies is that you and your mother are in a joint tenancy form of ownership with the right of survivorship. This means that upon your mother's death, you will automatically get the ownership rights. That's what the right of survivorship is all about.
As for Medicaid, has your mother applied for it yet? |
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