Medicaid planning is an investment to save assets and is typically expensive. Assuming that your Mom's resources are limited to her share of the property the cost effective plan would be for her to gift the property to you free of trust. The downside of the outright gift is that you loose the step up in basis for income tax purposes. The transfer will generate a penalty period during which your mom will not qualify for Medicaid. The length of the penalty period is state specific. The other...