What does it mean if my Mom is the trustee of her own house? - AgingCare.com

What does it mean if my Mom is the trustee of her own house?

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I got my mom's mail and it said her name but also said trustee next to her name. Before she went to visit my aunt for a month she was doing something legal concerning her house,but wouldn't' tell me what it was.

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@terri Your not a very nice person My mom always said If you don't have nothing nice to say don't say nothing at all. I was not snooping I live with my mom. I have to read who the mail is from in order to give it to the person it belongs to. Duh! How can you tell she is obviously taking care of herself? You haven't seen her car. She has big dents all over it. She also has health problems. If you read my other post you would of known this. Don't you think that maybe the reason people get on this web site is because they need help?
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Terri - it may be that Juju senses that mom is not truly competent or cognitive and is doing things that are going to be a problem in the future and then juju will be dealing with issues that could have been avoided. We don't know the situation or know that "she is obviously taking care of herself", now do we? It could well be that jujube is being proactive in wanting to learn how to deal with a situation.

There are numerous posts on this site and other elder care sites filled with sad and sometime horrific stories of parents who living on their own have entered into annuities, trusts or other financial transactions or legal agreements who are clueless about what they really are and then find themselves with problems when they need the $$ & have to pay a penalty to get it not according to the document they signed or think they are hiding $ from Medicaid and then find 2 years later that is not the case or got totally taken advantage of. Just within the last month, there have been posts from children whose parents got swindled out of thousands upon thousands of $$ because they are at the point where they are not competent to be doing this anymore but to the outside world they seem totally ok.
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It is none of your business what your mom is doing with her house. It is her house and her own business and she has no reason to share her private affairs with you unless she wants to. The real question is why you are trying to snoop into your mom's private business? She is obviously taking care of herself and living on her own and has not asked for an opinion. You can always ask her but she may well tell you to mind your own business.
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Hi, I am now learning about my parents trust situation. My dad died in july. My mom is single trustee now, Dad was trustor(created it) & both were trustee (control it)and we kids are benificiaries. I believe this means your mom is legal owner of her trust (Different types)of which house is most likely listed.It has been helpful for me as beneficiary to research, If you are a beneficiary I suggest to start learning & asking questions!! it is very complicated at least for me!!. i googled my trust questions and rec'd good input. This site (Money/legal)has been excellent also.I hope this helps you, although every situation is different.
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My best guess is that your mom has changed the ownership of her home and all her other assets into either a "living trust" or a "life estate trust" or "grantor trust". All of which are complex legal instruments that need an attorney to work and advise on. Trusts can really complicated matters if the owner of the trust needs to go into a NH and applies for Medicaid.

All property stuff will be filed at the courthouse and you can probably go on-line to get a copy of the document filed (to change the property ownership) to see exactly what's what. Some county's do this stuff quickly - like within 7 days of filing - while others do not and the fastest way is to run down to the courthouse yourself. They are public documents and you can request a copy and pay a small fee for the copy.You just need the legal on the property, like parcel #, which you can figure out based on the property address. Folks do this all the time on property, it's no big secret to find out the whole history on a property.

Why is mom not sharing info?
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