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mother-in-law and fatherin-law want to quit claim house to daughter and son-in-law in Ohio

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whalefornow Joined: 11 Apr 2010 Posts: 1 1.35 Dollars($)	Posted: Sun Apr 11, 2010 12:30 pm    Post subject: mother-in-law and fatherin-law want to quit claim house to Like 0 Dislike 0 father-in-law in facility, living in columbus ohio since 1987. mother-in-law living in columbus currently. they own house in cleveland that son-in-law and daughter have been living in since 1987. son-in-law and daughter have paid off the mortgage (1987 thru 1994). father-in law is trying to get medicade but cannot because of house. could they use quck clam house to son-in-law and daughter and get on medicade? if so, what if they had a income tax lien against the property. does this now make son-in-law and daughter responsible for the tax lien? son-in-law and daughter have been paying property taxes and upkeep of property.
adonis Joined: 22 Oct 2005 Posts: 10574 Location: ALASKA 1090.82 Dollars($)	Posted: Sun Apr 11, 2010 8:38 pm    Post subject: Like 0 Dislike 0 Hi whalefornow, If the father-in-law transfers the property, then he may not remain eligible for the medicaid claims as there would be a look-back period of 5 years. Thus, I would suggest the father-in-law to speak to an attorney who is an expert in the Medicaid laws of the state and then take the right decision. As far as the tax lien is concerned, after the property is transferred, the owners of the property will have to pay it off in order to receive a free and clear title. _________________ Procrastination is the enemy of your financial success

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