Archived
My mother is already on Medicaid and I was approved for caregiver exception. How do I refile the house deed?
Lawrence's answer
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Answered on April 16, 2013
In order to take advantage of caregiver child gift exception, a deed + required tax forms must be recorded with the county. While you can try to...
Archived
My parents are BOTH in memory care assisted living. Is there a way to get mom on Medicaid even tho dad has a pension?
Lawrence's answer
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Answered on April 13, 2013
Medicaid planning is complicated and very fact dependent so nobody can answer your question for sure based on an Avvo post, but it sounds like we...
Must a brokerage account be converted to an estate account before it can be liquidated upon the owners death?
Lawrence's answer
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Answered on April 13, 2013
It's not a legal requirement but the investment firm can impose such a requirement administratively.
Lawrence Friedman, Bridgewater, NJ. ...
Archived
My wife had ordered some magazines for a total of $87 and she then passed away. Am I
legally responsible to pay for them.
Lawrence's answer
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Answered on April 13, 2013
Assuming the debt was a valid debt of deceased wife, wife's estate has liability so you are liable to the extent the estate doesn't pay and you...
Archived
What is the New Jersey estate tax rate?
Lawrence's answer
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Answered on April 13, 2013
The Surrogate's explanation is accurate. NJ estate tax equals the credit that would be allowed for state death tax if the actual decedent property...
Archived
IRA
Lawrence's answer
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Answered on April 13, 2013
Yes, you can have multiple IRA accounts, BUT, BUT, BUT, BUT the IRA limits typically reported are just the tip of the iceberg. The limit may be...
Archived
My family farm I am leasing I want to buy. all siblings wont sign for me to can just majority sign? mother is living in nursing
Lawrence's answer
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Answered on April 11, 2013
Depends who owns the farm. The owner can choose whether or not to sell. If the farm is owned by the 10 siblings directly, then you probably can't...
Archived
Medicare for Nursing Home Care
Lawrence's answer
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Answered on April 11, 2013
Premiums from a Medicaid recipient's (not community spouse's) health insurance can be paid from his income. The CS often has a separate right to...
Archived
Will our income affect medicaid benefits for my mother in law?
Lawrence's answer
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Answered on April 11, 2013
Typically an adult child's income and savings won't affect a parent's government benefits but in unusual cases they can. Consult an elder law...
Archived
Evicting an abusive son...
Lawrence's answer
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Answered on April 11, 2013
Your son has no say in whether you can sell your house or a trust can sell a house owned by the trust where he isn't a beneficiary. On the other...
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