Add a child to your house ... and lose your house. 

Absolutely agree. Nursing homes are prisons for older people

I completely agree with you! The problem is anyone below the age of 30 and born or being brought up in the Western world doesn't want anything to do with the older generation!

For sure I did it and got nothing But I lived there rent free n didn’t pay utilities

​@asadzeethree2726 even if we did we will be to busy working until we die. How are we supposed to look after the old

@chrishart8548 The young and old family members pool their resources together, creating less strain and simultaneously keeping wealth within the family. One house together or a granny cottage in the backyard makes fewer bills. Ideally, you would have a wife to care for the elderly and do all the housework while you do the outside work. Also, work from home jobs and creating at home businesses are ideal as well. This is what my husband, myself, and my grandmother are doing, and it is setting us all up quite nicely going forward. We're quite optimistic about the future.

Someone has to feed welfare recipients and the core democrat constituents

I’m with you on that one.

It’s all a scam…. Only old money can own stuff. We are all renters with an elusion of ownership

Even new money is not safe…one wrong tweet and it’s bankruptcy or jail.

So long as we are forced to pay property taxes then nobody owns anything.

My dad did that. The lawyer pulled an endless-accounting scam: we can't distribute the trust assets yet because the accounting isn't done yet... then when the accounting is eventually ready, we still can't distribute the trust assets because the NEXT accounting is late... and the accounting was mostly about how much had been spent on lawyer fees, doing the accounting...

My gdaddy did this for me❣️ The best forward thinking thing u can do…is to put your house in a trust esp if it’s paid off.

​@@rodschmidt8952take them to court, that's also why the person that manages it should be a trust worthy relative /kid

Have already done the same for my kids and wife I'm the director and they are the beneficiaries when there children are born they will be added to the trust and on it goes

@@rodschmidt8952 At least lawyers have names and adresses so you know where to send your... complaint...

“They”

​@@koriko88 gov/1sræl

@@koriko88 You don’t think that the architect of the matrix is out there? How do you think events happen in lockstep? Do you honestly believe that this complicated system is “the will of the people” or “natural market forces”. Explain away my friend. I will red pill you quickly😂

@koriko88 Pretty sure THEY wanna go by they nowadays...

"They" nose people

Because the govt believes they own everything. Including you!

because freedom is just an illusion

Dems

Because family members squabble over what was intended.

Because people make things complicated, then they WANT the government to get involved to arbitrate the mess they created, and then government gets involved in everyone else’s business because that’s the nature of government. People are litigious. Not everyone keeps things simple like you.

It’s the duty of citizens to not obey unjust laws.

Utterly.

Parasite woman.

The parents need a better lawyer.

I'd get a bull dozer and a welder

If he was just a tenant with the right of survivorship, and he didn't survive; there's no probate. what the hell are you talking about?

@@xephael3485i believe his coworker lying to him, or don’t understand the real story. Sounds more like they put the home up from some debt they owned as collateral to something that they co-signed on.

That’s what I have on ny properties. Aka a Ladybird Deed. No probate and you have full control over the deed.

@@Dbb27 how is that different from this situation?

Jimb: Food banks are very common in communities where compassionate, affluent people live. In communities where there are affluent people CARE, people who visit food banks are treated with respect and courtesy. If that is not what happens in a community, one should seek out a less selfish, less self absorbed, or less overworked community. If a community lacks free concerts, an excellent public library with paid staff, parks, a public pool with public showers, a senior nutrition lunch program, a good bank, it is not a fit place to spend your life, raise a family, or retire. If your community lacks a volunteer base and lacks talented organizers, living there is going to be far harder than necessary. If the educated and affluent don't care about community conditions, the working class will continually struggle from neglect of civic services. If the well to do throw away their previous year's wardrobe rather than having an organizing a free or low cost recycling center, that is also a Red flag. If the only 'amenities' available in your community are controlled by businesses or religious institutions, expect tribalism in the community social structure. Such communities intentionally perpetuate in groups and out groups.

You described everywhere I’ve ever lived as an undesirable place. The library is the only thing still open miraculously. Pools have been shut down. Parks have been neglected. There’s no sidewalks. Crappy banks. Poverty is systemic. Oligarchies can’t exist without a lower laboring class. Capitalism is not a zero sum game and they keep trying to convince us it is. We’re one of the only industrialized nations where working hard your whole life gets you to the same place as your parents or slightly worse. Yet we still refuse to open our eyes and work together. Americans retirement funds amount to as much as the top six banks. I think 6 trillion. Might’ve been 3. Yet we let them use it to buy everything around us just to rent it back.

@@BoatsArtsPolitics really? i have rarely been treated with 'compassion' by others, and you are just silly if you think the poor can move to 'less selfish etc' communities! most of the time residents have no clue until it's needed in their lives what may be available to help them. you dont get to 'move and find better resources! your ideas are just mind-boggling!!

me too, two sons on the deed as 'owners', we each pay one third of all bills to live here. i am thinking of giving in to the 'system' and hiring a lawyer to check all the paperwork tho. the bank takes the entire payment out of my checking account, so i have no proof that they are paying!

@@MomIrregardless do your two sons each have bank accounts. if not, they should & are easy to open. Have them electronically deposit their share of the house payment into your account and also have them print out YEARLY statements showing the deposits into your account (banks only your bank statements available to you for 18 - 24 months). Keep those yearly bank statements for as long as they live.

Not surprised in DC. Politicians will do anything to protect themsleves from the laws they pass

In case you're interested: South Dakota, Iowa, Kansas, Arkansas, Texas, Florida, Oklahoma, and Washington, D.C.

Where I live, homestead is a one page deal, sign, notarize and file with the county. Google your county’s tax assessor to get the form. They can usually be downloaded. One afternoon, done.

Get a trust or do like he said....joint tenants...no will needed.....no taxes.

@@oliverheaviside2539 Thanks so much. Downloading now 🙏🏾

@@prograntsproposals424 that sounds like a winner. I’m on my CPU now. Thank you 😊.

@@ATLsCocoaDulce You are welcome. Best wishes!

They still do this in KY. NO KIDS on the ads for rentals. Even though you are not allowed to discriminate against age. You'd need to sue to enforce it because no one out there really cares.

Condos used to be able to be for over 18 only but that changed. Now they are 55 and older and have lost value. Should have been 45 or older.

Exactly!! 😂😭 These lawyers are such scam artists. You could do a Ladybird Deed in a handful of states and a Transfer on Death Deed in the rest. Save your lawyer fees. Do some research people. A very simple process. Caveat: Discuss with an attorney if it right for your situation but get the form and file it in your county’s registered office deeds yourself and save hundreds if not thousands.

What you described is a will. It will not be recorded by title authorities as it is not a transfer of title (not yet). The best you could hope for in your case would be that a probate court would treat that attempt as a legal will so just start there. Or follow some other advice to avoid problems.

No That's stupid anyway. Just do a trust and making it easy

@@liamstone3437 it will be recorded.

@@DJRenee it works, only attorneys don't get their cut

your local county tax office

36 and live with parents but have full time trucker job and can't afford to move out

@@rkdbaj Sounds about right with the state of the world. I'm 34 I take care of a parent 24/7 unpaid. Not allowed to ever work until my 40s probably by law. I will work until I die when I finally am allowed to. I will most likely not ever get to actually live my life before I die in reality.

@@user-gz4ve8mw9l who's not allowing you to work?

@@rkdbaj nothing wrong living with family. Especially when everyone has their own money.

@@aaronkerrigan241 I have to take care of a parent 24/7 unpaid. Even with state help in the house they require me to be on call 24/7 if a worker doesn't show up. I'm only allowed 20 hours a week to leave the house. Filial laws in the state I live in are draconian if I refuse to obey they've threatened to send me to prison for trying to work more. I'm required to do this until my early to mid 40s. I receive about 20 phone calls a day, dozens of texts. Having to deal with countless issues or troubleshooting of people complaining to me. I hate it it's driving me nuts. I already sacrificed an entire 1.5 years unpaid and an entire career path to take care of an elderly parent. This is with Medicaid, Medicare, a wrap around insurance plan, and a government exemption in place. I already tried working for those 20 hours once. Which is ridiculous as it isn't sufficient. Nor can I go back to school, or change career paths with just 20 hours a week. I got called by the government ordering me to return to the house asap 120 miles away on a Sunday night. A state worker never showed up last week. I had to spend 80 hours straight ordered to stay awake and care for my parent. Completely unpaid, and not legally permitted to sleep. Suffice to say even trying to work within their rules is impossible based off that. I'm physically and mentally fatigued to the point I'm about to just pass out. Yet the stress keeps me up even when I try and find time to sleep. How is any of this legal? Why do I have to be 24/7 available even with state help finally? How the hell am I supposed to live, let alone work or anything else? Nursing homes refuse to take my parent due to my brother stealing all her money in 2022. Due to some ineligibility period for those for nearly 10 years. They tell me even IF they took her, they would take my house, and future earnings for life to pay for the nursing home... Nothing can be done during an ineligibility period, and these waivers for in home community care are worthless. Since they don't give you 24/7 care, and require you to be 24/7. While their caregivers steal, neglect, and don't show up 50% of the time. All while everyone complains to me and expects me to manage everything. All while still having to take care of someone who needs help with everything 80+hours a week. They need to repeal these filial laws, and remove penalty periods. Or punish the people who cause them, not the people who don't who are next of kin. My brother lives out of state, so they go after me not him. Despite he's the one who stole her money. Nothing was setup correctly, and they wouldn't let me take any alternative paths.

If u care about ur kids, u ll do what’s best for them Not easiest for u

You contact the county you live in. Go to their office and they will help you with an application. Not all States have homestead protections.

Most people who aren't rich and live an average lifespan end up on medicaid before death. Meaning 8/10 times the house is subject to the estate recovery laws. Meaning the nursing home, or other wealthcare, or federal government confiscates the house on death instead...

Agree, parents need to look out for their own interests. And so what if the kids have to pay taxes, they’re getting a fricking house for free, they’re still way ahead financially.

Trust

Put it in a trust

@@YeshuaKingMessiah I tried many times, kids always objected so it never happened. One time it was a nephew who looked after her, he thought he could fool me. After a brief inspection I easily discovered he had somehow, someway (corrupt attorney?) taken over title of the house plus she thought she had about $800,000 in investments. Sorry, he had raided that, she only had about $50,000 left plus the house was heavily mortgaged. I called him out on it as I saw the police walking up to my office front door (had my secretary call them), poor woman lost virtually everything. Heartbreaking scenes I witnessed is one reason I left the dealing with the public aspect, too many crooks!

You paid off your house and don’t have the Deed?!? Yikes! Get that ASAP!!!

Go to your local courthouse and speak with one of the clerks there. Deeds are available to anyone at, if memory serves, the circuit clerk. If not, the circuit clerk should know who to direct you to.

Your last mortgage payment with the bank should have triggered the deed Coming to you.

Then you learn.... they will never never give you the actual deed. Certificate of deed, certified copy of a deed, etc. Because you never own it. You are still a permanent debtor to the deed holder... the government.

@@JohnSmith-db2oc No allodial title, means the government forever owns the home you are correct. You have to keep paying property taxes for life.

I believe he explained living in it for 2 of the past 5 yrs makes it a homestead. Not capital gains tax or forfeiture on homestead property.

Exactly. That should have been the first thing he said.

Here's a wakeup for everyone: My Aunt had LTC insurance, which ran out after a certain number of years (5 in her case). After that, we were on our own to cover everything. That's why we always "read the fine print".

I was lucky. My parents lived in Florida and I in Ohio. Both have NO estate/ inheritance tax. I got everything free and clear

Adult child not minor child

Haha wrong

After you pass your wife can do whatever she wants with it. This has caused problems with combined marriages where each spouse brings their own kids into the marriage and the husband's kids get nothing.

But what if your kid files bankruptcy or gets sued for something?

@@SweetStuffOnMonarchLane Too many "what ifs". Just raise your kids right. lol

@soccersprint I don't have children myself, but I doubt anyone would _think_ that something like those things would happen with their kids... but they do.

And to inflate an attorney’s bank account

The road to hell is paved with good intentions. Let me ask you this: if a fine or a fee does not get paid to the victim and instead is captured by the court is that not theft? Shouldn't the victim get compensated instead of an uninvolved cartel? Let's look at the recent cell provider data selling lawsuit - millions in fines but how much did the court pay the victims? $0. Many of these 'intricate laws' are nothing more than extortion and theft; stealing from the people to enrich the state.

State wins in all ways eventually

These laws are designed to protect the banks and their loans.

Depends on whether your state has homestead protection. Not all states do.

It all depends on if you plan to stay there after she passes. If yes. Go on the deed. If no let it pass to you as inheritance. You will pay less capital gains tax when you sell it.

In Florida you would be entitled to 30% of your husband’s estate which could include proceeds from the sale of the property. Laws vary by state. In other states it could go to probate with debts settled first, possible claims by children or other relatives, and court fees. Consult an attorney.

Signing for a loan does not automatically give you property rights. Only liability.

Ur name should be on deed regardless Did u have to sign at closing? Put the deed in both ur names, if not The mortgage can stay in his only

Only if it states right of survivorship on the deed. Otherwise you’re tenants in common and you each own half. If you have siblings and he has no wife they would be the next of kin and own an equal share with you on the other half. Hopefully he didn’t write it up himself? I have seen waaay too many people screw up their deeds.

Google it Basic question Google is ur friend Lawyers are not Unless u have lot$ of $$$$$

Not if their not named in the will,or named and excluded

no

Part of it depends on the state. He’s in Minnesota.

U rude