Mom is terminal and may not have long to live. My sis stole the deed by convincing mom she would go into a rest home and they'd take her house to cover expenses if it was still in her name.

On 2008-08-23 21:23, cjmazur wrote:
In CA (Medi-cal) there there is a 3(?) year look back period for fraudulent conveyance.

I would get a living trust formed and transfer all assest into it, but the life estate deed is a quick solution, so long as mom can still sign it away and my sis's deed valid.

There are other tools to avoid medicare claw back.

I was trying to get my mom to do this. Last xmas it was finally done and cost ~1500.

I want to form and transfer everything into a living trust. My mon would go along with anything my sister tells her. She's very much mentally together and cognizant. But being old fashioned, she goes with what ever the eldest child thinks is best. Wierd cultural thing going on here. So I don't think sis will allow a living trust to be forms because then my mon will ask her to put it in both our names and that will nix her little diabolical plan to take her deed down to the courthouse and record it once mon breathes her last. So it will just run it's course unless I really make a stink about it which I'd rather not. It just seems wrong to start figthing about who's getting what when mon is still alive: totally bush league in my book. I just wonder if there's any legal recourse after mom is gone if this is how things go down. Oh well.

PS. If I still lived in CA. I'd take you out to the nicest restaurant in town just to pick your brain about this!! Thanks for the response.