Arizona Mortage Law.

Arizona Mortage Law

Arizona Nursing Homes

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arizona nursing homes
Quit Claim Deed in Arizona- I have property that is in both my mothers and my name.?

As she advances in year I am concerned that this would be considered an asset of my mothers that could be seized in case something happened to her. Would a Quit Claim Deed resolve the issue and legal make the property mine. Would it protect the property from being considered hers in the eyes of the law to be used to pay for medical expenses (nursing home), death benefits, etc.

How nice to think so much of your mother that you’d want her be on medicaid instead of using her life’s savings to pay for first class private medical care.

Transfer of assets to avoid medicaid liens should never be taken without careful planning and the advice of an attorney. They could cause her to lose all or part of her medicaid eligibility, and have other adverse tax and cash flow consequences.

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