Both my parents will need a nursing home. Their only asset is 60% ownership in their home. Can MassHealth force them to sell it?

The smart move is to rent the house when both of your parents have moved and pay the net proceeds to the nursing homes as applied income. That way...

Is repayment of a loan made by a beneficiary to a trustee (revocable trust), considered taxable when it is repaid after death?

If the estate is making the distribution as repayment of a debt, the interest is taxable income. Additionally, interest that exceeds prevailing...

As stated on your other question, it sounds like you are talking about a decedent's estate and not a trust. In either case, you cannot create a...

The estate pays for lawyer fees. What if there is an account that the trustee doesn't want to use?

Unfortunately, your explanation here raises more questions than it has answered. For starters, it sounds like your brother was deeded the house...

My spouse became incapacitated during divorce. Can his durable power of attorney and lawyer continue our divorce in his behalf?

Currently an attorney-in-fact cannot execute a divorce. However, a conservator does have that power.

What is needed to set up a trust for your home

It's simply a matter of having an attorney draft the trust document and then having you deed the property over to the trust. Costs can range...

You should retain a probate attorney near your father's last residence to address this for you if you think it will be contentious. Probate is an...

If there is a granting instrument, such as an endowment agreement or a trust, the document governs what the University can and cannot do. If it...

The operative word is "right." If the trust document orders payment or gives your wife the right to demand payment of an ascertainable amount,...

Should we turn control over estate funds to the law firm?

If there are significant funds in this significant estate, the law firm is obligated to establish a separate trust account where the interest is...