My aunt is in a nursing home on Mass Health Medicare for 3.5 years She owns a 2005 Toyota .... I am her POA .. can I transfer the car into my name as I use it when I am at her home on the east coast ... I life on the west coast. Her home is in a Life Estate to me and I am the only relative. Thinking I should wait and transfer after she passes. She has signed the title to me. What do you think. I don't want to wake up Medicaid. She is 100 in June and mentally with it.
I am also paying taxes and maintenance and upkeep on the home...
Monetary value of car may affect rules.
Have you prepaid for her funeral arrangements? Are all those documents in place and do you know how to have access to other assets in a way that avoids probate?
A house on one coast and your life on the other one can get really complicated, especially when she passes. Good luck to you, and to your aunt.
See an elder law attorney prior to changing anything.