Mom is 91, and mentally intact, but at her age, anything can happen. She's a very pleasant lady and we get along well. I've had POA for 5 years. I've been living with her for 3.5 years since she can no longer be alone, and I have been renting out my condo. I work from home.
I now want to downsize her out of her house and have her move in with me to the condo. That way we could put the house proceeds in a healthcare trust and use her monthly income to assist with hiring in some home healthcare, so I am not so housebound. Currently her income largely goes to keeping her house going.
Is this a wise plan? She is agreeable with the idea. She has no other assets.