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If my spouse goes to a care facility, can he or she transfer assets to me?

If my spouse goes to a care facility, can he or she transfer assets to me?

March22
by Christina Catedrilla

Presuming the institutionalized spouse has the capacity, or otherwise legal means to transfer assets, transfers between spouses are not sanctionable. [in other words, yes] However, note that there are assets limits as well for the community spouse. Posted in: Elder…

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