BIG ALFORD
Junior Member
What is the name of your state (only U.S. law)? VA
Unfortunately, we received news that my mother may be in the early stages of alzheimers. My parents want to protect their assets - real estate and cash/cds should she have to eventually go to a nursing home. Their home and rental property is free and clear - no mortgages and is in both parties names. Same for all of their other assets. What steps should be taken to protect the property from a nursing home? They've discussed divorce to protect themselves with assets going to my dad. Thanks for your help.
Unfortunately, we received news that my mother may be in the early stages of alzheimers. My parents want to protect their assets - real estate and cash/cds should she have to eventually go to a nursing home. Their home and rental property is free and clear - no mortgages and is in both parties names. Same for all of their other assets. What steps should be taken to protect the property from a nursing home? They've discussed divorce to protect themselves with assets going to my dad. Thanks for your help.