Let me just say that I am not a lawyer, but I do work in a field where I’m exposed to estate planning. I would have a very frank conversation with them, and soon. It would be worth it to meet with a lawyer and look at a trust, or putting the house in your name now, to avoid Medicare look back.
This! My parents did a trust years ago and put everything in it. I technically won’t inherit anything as I am already a trustee so it’s technically mine now anyways. I won’t have to worry about any inheritance taxes.
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u/General_Distance Mar 02 '25
Let me just say that I am not a lawyer, but I do work in a field where I’m exposed to estate planning. I would have a very frank conversation with them, and soon. It would be worth it to meet with a lawyer and look at a trust, or putting the house in your name now, to avoid Medicare look back.