Shelby6718
Member
What is the name of your state (only U.S. law)? Pa.
My mother was widowed two years ago at the age of 87. At that time, it was decided that she would move in with my brother and his wife. Their home at that time was not suitable for a person of her age, (two story, steep stairs) so with the help of money from her husbands insurance proceeds, the three purchased a more suitable home. Mother is not only named on the deed but the mortgage as well.
Long story short, mother has quickly gone downhill and is suffering from dementia. In the meantime, my brother is now himself a widower. He is still employed and cannot take care of mother and she nor the rest of the family have the finances to employ help to take care of her. Her only income is social security of about $1200 a month which is a drop in the bucket as far as nursing home care goes. We realize that puting her in a nursing home will have to be handled under Medicaide and any and all of her assets will have to be declared. She has a small savings account and a vehicle still titled in her name which will have to be sold.
The question here is what about the home she and my brother own as Jt. Ten. (mortgaged). What will happen with this asset?
Shelby
My mother was widowed two years ago at the age of 87. At that time, it was decided that she would move in with my brother and his wife. Their home at that time was not suitable for a person of her age, (two story, steep stairs) so with the help of money from her husbands insurance proceeds, the three purchased a more suitable home. Mother is not only named on the deed but the mortgage as well.
Long story short, mother has quickly gone downhill and is suffering from dementia. In the meantime, my brother is now himself a widower. He is still employed and cannot take care of mother and she nor the rest of the family have the finances to employ help to take care of her. Her only income is social security of about $1200 a month which is a drop in the bucket as far as nursing home care goes. We realize that puting her in a nursing home will have to be handled under Medicaide and any and all of her assets will have to be declared. She has a small savings account and a vehicle still titled in her name which will have to be sold.
The question here is what about the home she and my brother own as Jt. Ten. (mortgaged). What will happen with this asset?
Shelby
