Handling Your Parents’ Real Estate

I’ve found that many adult children become the stewards (and sometimes owners) of their parents’ homes as the parent ages and requires facility care. These family members frequently make mistakes about transferring the title, paying for ongoing expenses to maintain the home or even significant remodeling or additions, only to get left holding the bag later when the State Medicaid agency comes calling. We’ll discuss some ways to protect yourself and the home, especially in a caregiving setting and keeping good records.