Can I Buy My Mom's House and Rent It to Her Without Affecting Her Medicaid Eligibility?
My 78-year-old mother wanted to gift her house to me, but I turned her down for Medicaid and tax reasons. She is maxed out...Read more
Yes and no. You are responsible, but the question is what does that mean? If you take reasonable steps to try to figure out what is best for your mother –- talking with her, with her physician, and with local elder care professionals –- and then make a decision to let her stay at home, and something goes wrong, you will not be at fault (unless, of course, they are all unanimous that your mother cannot stay home). And then, what is the penalty, if you are found not to have acted with reasonable care? It’s that you would be removed as guardian. You know your mother best, and we would recommend that you use your best judgment after consulting with appropriate professionals.
For more about guardianship and conservatorship, click here.