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Can I rent my mothers house under lady bird trust and keep the money

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Jrg007 Joined: 26 Aug 2011 Posts: 2 1.40 Dollars($)	Posted: Fri Aug 26, 2011 9:12 pm    Post subject: Can I rent my mothers house under lady bird trust and keep t Like 0 Dislike 0 Can I rent and keep money of my mothers house she is in nursing home and I am the one getting house in lady bird trust
jameshogg Joined: 20 Dec 2005 Posts: 10477 Location: Nevada 990.06 Dollars($)	Posted: Fri Aug 26, 2011 11:47 pm    Post subject: Like 0 Dislike 0 Hi Jrg, You should contact a local real estate attorney and take his opinion in this matter. Many a times, Medicaid may take over the property. However, if the property is in your name, then they won't be able to take away the property from you. Thanks
sabrinatoss Community Expert Joined: 16 Jan 2011 Posts: 516 Location: Australia 82.74 Dollars($)	Posted: Thu Sep 01, 2011 11:25 pm    Post subject: hi Jrg007 ! Like 0 Dislike 0 Get an attorney and tell them about your situation. An attorney should tell you what to do as well as letting you understand the whole situation that you are into. _________________ Home Loan, Mortgage Insurance Calculator, Mortgage Broker

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