QUESTION

Reverse Mortgage resolution

Asked on Jun 17th, 2021 on Elder Law - Virginia
More details to this question:
Years ago, I signed over my house to my x-husband so he could obtain a reverse mortgage. The legal paperwork was created that if he ever leaves the house or dies, the house comes back to me. He now has dementia and is preparing to enter a facility for long term care. I do not know where to begin or what my legal standing is with the house. I need help navigating this problem.
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1 ANSWER

Wills Attorney serving Austin, TX
2 Awards
Ask a local elder lawyer to review the documents and make sure that this does not constitute a gift disqualifying yor former spouse for Medicaid.  You can find one near you on the website of the National Academy of Elder Law Attorneys (www.naela.org).
Answered on Jun 18th, 2021 at 5:32 AM

This is general information. It cannot substitute for a personal consultation with an attorney. It is not intended to be legal advice or imply an attorney-client relationship.

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