I am 56, have lived with and cared for my Mom in her Mobile Home for the last 5 years. Her health is declining, so, she would like to add my name to the deed for her Mobile Home which is paid in full and stationery in a Mobile Home Park.
My name is already on the lease and I pay the monthly space rental.
Your problem with being on the deed or title is Mom needing Medicaid within the next 5 yrs for LTC. She will be allowed to keep the trailer. If u prove this is your residence and u can afford to keep it up, u can stay. The problem arises when she passes. Medicaid will put a lean on it. If you leave or sell the trailer, the Medicaid lean will need to be satisfied with her half of the proceeds.
Now just wondering, if it would be better to have Mom sign the trailer over to you in hopes she will not need Medicaid within the 5 year lookback. If you can get over that 5 year mark, then the trailer does not need to be mentioned in the Medicaid paperwork.
You may need to consult with a lawyer versed in Medicaid. If the trailer not worth that much, Medicaid may not even care.