<prompt> Human: My Dad is 73 and has never been good with money. In fact, the reason Im so neurotic about finances is a reaction to his lack of planning.Anyway - he has about 70k in a conservative investment vehicle. This is his only savings besides a modest savings account. Otherwise he gets by on pay from part time job 30 hours per week, social security, and an alimony payment from my Mom. He knows he is not the best financial shape and there are some low income housing options for senior citizens in the Boston area that he knows he will likely want to live in my grandmother did and she loved it. Anyway, there are income limits and they go back 5 to 7 years. As such, he has asked me to put the investment in my name, so hopefully in 5 years he will be eligible for one of these places. It would still be his money and Id let him use it however he sees fit. It would obviously be a tax liability for me and as such, hed pay for my additional taxes.Does this seem reasonable request by him? Is this common? Is this shady?The amount is so low, that even if I didnt hed probably end up in one of these places quickly anyway. As a side note, it really is scary to me to think his retirement savings are so low, but Im learning from his mistakes!  <response>: IANAL but its not only shady, its fraudulent. And I believe in most states they can look at financial history for things like this and reverse them. 