If I transfer my home to a Trust and apply for nursing home Medicaid, will the transfer penalty apply?

Transferring assets into an irrevocable trust is considered a transfer and a penalty period will apply. If you transfer the property tomorrow...

As a condition of nursing home Medicaid eligibility, you must document all accounts that your Nana owned for the last 5 years. If your Nana owned...

"can an irrevocable trust be modified from having the trust pass to the beneficiaries upon the death of the grantor to instead

The trust must be reviewed by an experienced attorney in Trusts & Estates/Elder Law. The language of the trust will provide whether the...

Can my mother's POA be investigated?

Once a person is made a joint owner of an account there is no legal protection. For any activity performed outside of this joint account, it would...

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The term "Executor" applies to the fiduciary appointed under a will, since there is no will in this case the fiduciary will be known as an...

Is it possible to see a copy of a parent's will without being power of attorney?

No, the estate planning documents belong to your parents, if they do not want to share them with you then you have no right to see them. Once your...

The house has 3+ years of Medicaid protection but the new securities will have to wait 5 years. The securities being added to the Trust will not...

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