Quote from @Tiffany Maloch: Is there anyone who set up a Non-Grantor, Irrevocable, Complex, Discretionary, Spendthrift Trust?

There are certain benefits but don't believe your objectives are the correct reasoning for an irrevocable trust.

Based on the modeling I've done one of the lowest risk options and best IRR is probably for me to assist with the management today with little or no compensation and then take the property as the beneficiary of an irrevocable trust.

If his mother is thinking about qualifying for Medicaid, there are Medicaid Trusts, irrevocable trusts, which might be something to consider.For a revocable living trust or grantor trust, even if he is the Trustee and the Beneficiary, his mother is still the Grantor. 

Get them repaired right away.Regrading trusts, unless they are irrevocable, you will be on the hook.

Some types of irrevocable trusts can also preserve the step-up if structured with retained powers, while others may not, so the design really matters. 

That is not to say that there aren't options for trusts that do provide asset protection, but these are typically irrevocable trusts that come with a variety of often unwelcome consequences including loss of flexibility and control, tax implications, etc.

THEODORA IRREVOCABLE TRUST DATED MARCH 25, 2011 VSMENDENHALL, BRANDON Open 2024-08-20 MortgageForeclosure-NonHomestead-2-$50,000-$249,999

The idea for trusts, preferably irrevocable and Domestic Asset Protection Trusts, can add significant protection to your overall assets, but they can be costly to form and operate.  

My understanding is the only trust that will protect assets is some type of irrevocable trust.