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Nursing home


This is a discussion on Nursing home within the Mortgage Problems and Solutions forums, part of the Mortgage and Loans Forum category; My dad past away five years ago and My mom is 87 years old and now it looks like she ...


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Old 02-07-2008, 02:24 PM
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Default Nursing home

My dad past away five years ago and My mom is 87 years old and now it looks like she will have to be put in a nurseing home. Her mind is still sharp, but her budy is ware out. There are three children and we were told that if we put her in a nursing home they will take her property away from us. A friend of mind told me to do a quitclaim deed and they can't touch the property. Is this true. My mom still owes $40.000 on the mortgage. The property is worth between $300.000 to $500.000 and my mom wants us children to have this. Me and my brother and sister don't know what to do to keep this property. This is vary hard on all of us, and we want to make the right choice. Please help use.Confused in INDIANA


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