Estate law questions? Ask an estate lawyer.
Hi and welcome to JA. Ray here to help you today.Please bear with me a few moments while I review your question, conduct and prepare your response.
Tittle should be held by the trust.This would protect it from being counted by medicaid as a resource.If this is all the funds in the trust it really isn't prudent to spend it all.She may well need it for medical care here down the road.It would be more prudent here to rent property for her use and save some for a rainy day.
Since she has limited amount of money here not sure buying proeprty is the way to go since as trustee you have fiduciary duty to manage her funds here prudently.
I appreciate the chance to help you today.Thanks
If you can positive rate 5 stars it is much appreciated.
So here the trust can purchase and hold title assuming the sister can maintain it if thats all the funds you have.It is possible to purchase.