He's ill & could need long term care within 6 mo. He's not "selling" it to us for a dollar or passing it on to us free of charge. It is a partial inheritance, but we do have to buy it with a full blown 20 year mortgage, but at 2/3 the appraised value. Dad will then split that money and give half to each of my husband's 2 siblings as their inheritance. But if Dad has to be hospitalized, have surgery (cardiac disease), or requires long term in-home nursing care, could the hospital, Drs. or insurance company come after us for payment, or somehow put a lien on the home even though we bought it? I've heard that we would have needed to have the house in our name for at least 5 years or they can take it. Dad has a small savings account (about $5k) and a CD for about the same amount that he's tagged for his funeral expenses. $5k doesn't go far these days. My husband & I have only about $7k (combined) in our 401k plans. Dad's daughters certainly won't be setting aside any part of their third to help us cover any medical expenses. Dad really wants his home to be passed on to his son. We've been the sole care-givers for Dad for 5+ years now (although both sisters live close by they've provided little assistance or support) We truly have tried to respect his wishes, but we don't want to go broke AND end up with a mortgage and no home to show for it. What are our risks, and what other options might be out there for us?