What is it ? Where should it be used ? See below for the reasoning 

The Details :

My mother lives in Florida . The wife and I* have moved in with her as her care givers But she has severe Alsheimer / Dementia  Stage 5 showing signs of stage 6 . Assisted living is NOT going to work for her . Based on her Primary Carhe other e , Neurologists and Geriatric Doctors doctors are saying skilled nursing or convalesant home

Of course at this stage of life we all want the BEST for our parents . Looking around at options Skilled nursing homes that address these issues is about $7,000.00 - $8,000.00 per month . Being outvoted by my 2 sisters . They want : Sell the condo " AS IS " Put the proceeds in a Trust until her passing and then Probate the Estate . Additionally use up her savings Rehabing the place the put mom on Medicaid . That is something that I Personally have issues with .

ARV : Comps in Excellent shape $ 125,000.00

As is at 70% below comps $ 85,000.00 ?

Realistic Repair cost : $15,000.00

Although I have Power of Attorney , I am NOT looking to receive any of the proceeds when the estate does get settled . I really have no experience or knowledge of Lady Bird Deeds Any help please ?

Hard questions to decide when the shoe is on the "Other Foot "

The other question to ask is : Do I look for a home in Florida ? or move her to to a facility in Kentucky where I will be going back to .When all is said and done . Family there on a regular basis can visit with her there . The downside to that is there MAY be a NEED to secure above mentioned Specialty Doctors and then trying to consult an Elder Care Attorney in that State 

OR :

Make an offer to my sisters say $120,000.00 for their share of the Condo . Send them each a check for $60,000.00 each then take it out of a Lady Bird trust and sell it ? I guess you would call that a Self Flip !!??

Any advice would be Appreciated

Thanks 

Bob Baldwin