Transferring Mobile Home To Son

Summary

Consult an elder law attorney in nc to navigate the rules and potential penalties of transferring your mobile home to your son before applying for long-term care assistance.

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I would like to transfer the mobile home i own to my son before i need federal long term care assistance
What state are you located in, ****? The rules for transferring property can vary by state.
NC
What is the current value of your mobile home, ****?

In NC, Medicaid may impose a penalty for property transfers made within 5 years of applying for long-term care assistance.
$75K approximately
What is the exact date you plan to transfer the property?

- In NC, Medicaid has a *-year look-back period for property transfers.
- For local court details: Wake County Courthouse, * Fayetteville St, Raleigh, NC *, (*) *-*.
As soon as possible i am * yrs old with medical issues
Given your age and medical condition, it's crucial to consult with an elder law attorney before making any property transfers. They can guide you on Medicaid's *-year look-back rule and potential penalties.