Portfolio for my 92 year old grandma

[Saluki]

@AzCactus you may be well served by paying an estate planning or elder care attorney for an hour or two of their time and asking them a bunch of questions.  If your grandma needs to be hospitalized or put in a nursing home, typically Medicaid doesn't kick in until their funds dry up.  I am told some facilities will let you sign over their assets in exchange for caring for them for life, wherein they take the risk if the person lives longer than expected. I don't know how it works, but many people try to transfer a person's assets to the relatives before they need medicaid (medicare?) and apparently they have some kind of look back where they can claw back the assets.  So knowing what the rules are may have an effect on your decision making and it may provide cover if the others who were expecting to receive something from your grandma's assets decide to point the finger at you.