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Deductions & credits
"....Medicaid preparation.."
@Anonymous I am not going to comment on your tax situation regarding the house. But I am going to advise you to seek the advice of an elder law attorney. Are you aware that there is a five year lookback for the disposal of assets when a person goes on Medicaid? So your plan to sign the house out of your mother's spouse's name may end up biting them and/or you. Please seek legal advice before you proceed.
**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.**
‎September 11, 2019
3:32 AM