• @Fosheze
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    311 months ago

    Huh. So as long as he gifts me the house before he dies then I’m good? Of course the issue there is that he’s likely to croak before my stepmom does and I’m not sure what would happen with the medical debt then. They can’t just take what would then be my stepmoms only residence but she would also be required to pay off that debt if I remember right. It’s going to be a clusterfuck either way.

      • @Fosheze
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        311 months ago

        Well I guess thats the plan then. I’ll have to talk to my parents about that. Thank you.

        It was a property origionally bought by my greatgrandparents and I really wasn’t looking forward to seeing it sold off just because my dad has health issues. Now I guess I have a way to keep it.

        • @[email protected]
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          311 months ago

          Look into Medicaid asset trusts more. I’m not your financial advisor. But the process seems simple. The trust owns the house and other assets so they can’t be taken from your parents.