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I see there's been other questions like this, but I'm still unsure. I've been paying for all the maintenance and insurance on my mom's car as well as driving it on her insurance for 2.5 years now. I feel like I should put it in my name and move the insurance into my name as it just seems sketchy that it's all in her name and she doesn't drive it but I do. I don't own my own car so I can't just get rid of the thing. I looked around and the estimated value of the car runs from $800 to $2,000. I don't know if or when my mom will need to go into a nursing home. She has no other assets and lives on her SSI and SNAP. From what I can tell if she does end up in a nursing home I guess medicare will pay for it (I won't -- I don't have any money either). I'm thinking about having her sell me the car for $1 to avoid paying taxes on a car I really don't even want and wouldn't even deal with if it weren't for the need to take care of her (getting her groceries, taking her to the doctor, getting me to her place to help with her laundry and cat box and what not). Also, even if I were to "pay fair market" I couldn't actually keep the money in her account as she can't handle her money anymore (long story). Can anyone tell me if there's a "gift limit"? From what I've read it kind of looks like I don't need to worry about less than $5,000, but I'm not sure. Also, it look like California only looks back 30 months. I could be wrong, but I don't think she'll be in a home that soon (if ever). Am I right in assuming that if she doesn't go into a home in the next 30 months it will be a non-issue? Is there a "gift limit"? If it turns out she does go into a home say next month, what will a tops $2,000 gift used exclusively for her benefit mean? Are there other questions I should be asking or other concerns I should be thinking about regarding the car?



I'm also thinking I should have the car in case she goes into a home so I can use it to visit her



If at all possible if you could provide links to citations that would be much appreciated.

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Find Care & Housing
It’s state specific. There should be public information for your state on google. I also suggest calling your county senior services. Best of luck!
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