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I am in the process of selling a home that my husband and I bought 35 years ago. He is in a nursing home and the deed has been
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Answered on June 15, 2014
As pointed out, what is your health? If it is good, I recommend getting some long term care insurance. You do not have to insure the entire cost of...
Archived
My uncle is 95 and was in a facility for rehab and moved into temporary short term care. They take 90 to process Medicaid
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Answered on June 15, 2014
Your Uncle should easily qualify for Community Medicaid (home care). If you are in NY, there are several agencies which will provide services on a...
Archived
My husbands aunt/ oue neighbor leaves her 8, 4 and 2 yr old home alone regularly
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Answered on July 22, 2013
I would immediately call Child Protective Services. In NY there is one in each county or city. If it is in NY, I have someone you can call.
Archived
Just found out my Dad's estate overpaid the IRS 65K in 2000 - how do I get a refund?
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Answered on July 08, 2013
The statute of limitations for refunds is three years from the date the return was filed. You may be out of luck.
The statute of limitations...
Archived
My father set up a special needs trust for me (I am disabled.) He has deteriorated mentally, and may need a nursing home.
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Answered on January 14, 2013
Absolutely!
A transfer directly to a disabled child or to a trust for the sole benefit of a disabled child are exempt transfers and will not...
Archived
Does gifting under the tax tree gift law exempt those assets from the medicaid nursing home look back period .
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Answered on December 18, 2012
While the prior answers are technically correct, I am not so optimistic.
The concept of the gifts under $13,000 is purely a tax concept. ...
Archived
My inlaws have a reverse mortage . My father inlaw has just been put in nursing home. Medicare does not cover.will they put lien
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Answered on November 21, 2012
No. As long as there is a well spouse living in the house, it is an exempt resource. Since the house is an exempt resource, the proceeds of a...
Can property be transferred/sold out of an Irrevocable trust?
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Answered on October 01, 2012
The first two answers deal more with tax issues than rather than the Medicaid issues that concern you.
The power to substitute property of an...
Is the will and estate planning programs by Suze Orman legal and binding in NYS if followed properly?
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Answered on September 04, 2012
The question to ask, presuming they are valid, is are they worth it? If you would trust Ms. Orman over an attorney with years of experience who you...
Archived
I visit my elderly mom and she starts to argue with me and threatens to call Elder Abuse hotline or a friend to beat me up....
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Answered on August 26, 2012
I assume you have no siblings. I would consider calling Adult Protective Services. With her attitude, I don't think a guardian proceeding at this...