Mom diagnosed with dementia. I am the trustee of the trust. Trying to get her on Medicaid. Need to put her house up for sale for her care. Does the trust become irrevocable since the diagnosis? Will I have a problem trying to sell it since it is a revocable trust? I also have P.O.A. I live 469 miles from her. Mom is 94 and her husband of 14 years is also 94. He can no longer physically care for her.
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A trust that's titled as an Irrevocable Trust is that; unless there are specific qualifying provisions, it can't be changed. As ReallyReal states, once the person dies, a Living and revocable Trust becomes irrevocable.
It might be a good idea to meet with the attorney who drafted the Trust and ancillary documents for a good discussion on your rights and obligations as Trustee, now, and after death.
Read the trust. They are very specific and clear about what you can do and when you can do it.
I would also think about seeing a certified elder law attorney to ensure that you don't do anything to endanger her future need for public assistance.
Revocable trusts are not a vehicle to shelter funds, they are set up to ensure that the person is able to pay for their care and has their wishes clearly stated, you want to understand what is expected of you as a trustee.
wwww.nelf.org is a great resource to find a certified elder law attorney in your area.
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