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Updated over 10 years ago,
Grandma's House
Grandma just fell, again. She is as tough as wood pecker lips, but I think after 88 years, it is time she had some help looking after her. She is living with my mom as of right now. Obviously, we want to keep the house. What are some legal ways we could keep the house and still qualify for home health care or even a nursing home? I do have an LLC and own three rental properties. Could my company buy the house from her, at a reasonable price, bhave her live off of that until it runs out and still qualify for medicare? Thanks in advance!