My mom is in the beginning stage of memory loss. She is 85 and in good health, other than bad eyesight. I foresee her having to go to an Assisted living place in the next year or so. I have been told that when you place them, you have to sign over everything and that they will deplete her bank accounts, savings, and all, including her house. I was told that you couldn't sell or do anything with her money saved because they go back 5 years and account for all money spent. I need to know what to do so that this doesn't happen or at least ways around it.
Thanks in advance for ANY help!