QUESTION

Living Estate

Asked on Jan 24th, 2017 on Estate Planning - Georgia
More details to this question:
My grandfather owns his home. My mother (his daughter) has been deeded this home through a living estate. My grandfather may possibly need to go to an extended care/ nursing home. Can the nursing home company take his home after his death to satisfy any debt remaining at his death?
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1 ANSWER

Probate Litigation Attorney serving Lawrenceville, GA at Robert W. Hughes & Associates, P.C.
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It sounds like your father has placed his home in a living trust and your mother is the beneficiary after your grandfather passes away.  The home will be included in your grandfather's estate for purposes of paying his debts at his death. Your grandfather could give the home to your mother today, and maybe it escapes being part of his estate if he survives for mroe than 5 years.
Answered on Jan 25th, 2017 at 6:17 AM

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