And....of course there is also the concern that if the parents who "signed over" their house are anticipating the possibility of going into a nursing home in the next several years and getting on Medicaid, there is a five year clawback on any assets or money they gave away. An elder law attorney should have been consulted before this took place.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
