I am sorry to hear that your mother's health is getting worse. I recommend that you contact an elder law attorney right away. You should not transfer any property out of your mother's name before consulting a lawyer.
As your mother's health changes, she may need care in a hospital or nursing home. If she ends up in a nursing home without enough money to pay for her stay there, she may need to apply for Medicaid benefits. If you have transferred property out of her name, it may negatively affect her eligibility for Medicaid. A lawyer can tell you what the Medicaid rules permit, and help you determine if your mother may need to apply for benefits in the future.
Tonya R. Coles
Elder Law -- Estate Planning -- Probate
www.tonyacoles.com
Answered on Sep 04th, 2012 at 11:40 AM