life estate with no powers

[hollyridge]

What is the name of your state?Maryland
Mother lives in Md and ownes property in Va. She wants to enter a retirement home but wishes to convey the Va property to her chrildren before she enters the retirement home.Can this be done with a life estate deed with no powers? Is there a better way? How long before entering does this have to be done?

 

[seniorjudge]

What is the name of your state?Maryland
Mother lives in Md and ownes property in Va. She wants to enter a retirement home but wishes to convey the Va property to her chrildren before she enters the retirement home.Can this be done with a life estate deed with no powers? Is there a better way? How long before entering does this have to be done?

Q: How long before entering does this have to be done?

A: You would have to check with the state you are dealing with to get a specific answer, but generally, this has to be done within three to five years before going into the retirement home.