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warranty deed

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mary4770 Guest	Posted: Thu Oct 13, 2011 4:59 pm    Post subject: warranty deed Like 0 Dislike 0 in 2003 my parents made out a warranty deed on their house , dad died,mom now needs medicaid, should my brother file this deed now? _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
Guest	Posted: Thu Oct 13, 2011 7:15 pm    Post subject: Like 0 Dislike 0 Hi mary! Welcome to forums! It would have been better if your brother could have filed the warranty deed in 2003. Nevertheless, he should now file the deed immediately. However, filing the deed now may make your mother ineligible for the Medicaid benefits for the next 5 years. Feel free to ask if you've further queries. Sussane _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
smithsussane Joined: 18 Sep 2008 Posts: 10439 Location: Alaska 985.83 Dollars($)	Posted: Thu Oct 13, 2011 7:16 pm    Post subject: Like 0 Dislike 0 It was me above... Just forgot to login!!
sabrinatoss Community Expert Joined: 16 Jan 2011 Posts: 516 Location: Australia 82.74 Dollars($)	Posted: Thu Oct 13, 2011 10:39 pm    Post subject: Like 0 Dislike 0 Hello mary, A warranty deed should contain an accurate description of the property being conveyed, be signed and witnessed according to the laws of the state where the property is located, and be delivered to the purchaser at closing. The deed should be recorded by the buyers of the property at the public records office, which is usually located in the county courthouse. Recording a deed gives "notice to the world" that a particular piece of property has been sold. _________________ Home Loan, Mortgage Insurance Calculator, Mortgage Broker
raymond Community Expert Joined: 03 Jul 2009 Posts: 1191 Location: Irvine, California 28.24 Dollars($)	Posted: Sun Oct 16, 2011 10:02 am    Post subject: Like 0 Dislike 0 >>should my brother file this deed now? No, don't transfer of any assets because Medicaid will be impacted. You should review your Mother's situation with an Estate Planning Attorney, and she'll tell you how to handle your Mother's assets. It's really important to get a local Attorney who knows the Medicaid guidelines well. _________________ Raymond Denton www.RaymondDenton.com
anabolics Guest	Posted: Tue Oct 18, 2011 2:37 am    Post subject: Like 0 Dislike 1 Your blog post offers the same submit as another article author but i much like your far better.
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