My mother and I legally own our lovely CA condo jointly which will eventually be passed on to me from her legal trust as a sole owner upon her eventual passing, but she has recently been moved to an assisted living residence in the State of Oregon to live near my available family who has medical and financial POA. I still occupy our condo in CA and must stay there because I have nowhere else to go. My 94-year-old mother counts on my CA condo occupancy in order to maintain her OR Medicaid eligibility that pays for her care in OR, and she cannot ever return to our CA residence. Unfortunately, I have been unemployed from permanent work for over 20 months and still looking for work but must now solely maintain our CA condo. The loan has been paid off, but I must now solely pay for its maintenance and utilities expenses because no other family members are able to contribute. My own funds will run out in about 5 years unless in find steady work. My greatest fear is homelessness in CA or relocation to out-of-state family by age 63; no full Social Security until age 66. I cannot sell and our CA condo move until Mom passes. How is the best way to legally save and protect our CA condo investment that we had worked at for over 20 years of living together to build?
Pat, A Concerned Daughter.