Hello:

With the intention of  qualification for possible future long term medicaid, 2 years ago PC had an attorney draft a deed transferring her residence to an LLC owned by her children without reserving a life estate for herself.  PC has now lost her significant real estate tax exemptions and her real estate tax bill doubled.   

Is there a way to correct the situation without losing the last 2 years of potential lookback for medicaid eligibility?  

Thank you! 

  

Renee L. Giorgini, Esq.

Renee L. Giorgini, P.C.

326 S. Wellwood Avenue

Lindenhurst, NY  11757

 

 

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