I have an irrevocable trust that I may need to be dissolved or need to have it reviewed to see what I can do with it?
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Answered on January 26, 2022
There are many ways to "dissolve" a trust. If the trust is revoked, then presumably the assets would go back to your father. Irrevocable trusts can...
If my mothers house has been left to 3 of us but my one sister signed her share over to me. Do I have more legal say then sister
Kimberly's answer
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Answered on January 20, 2022
You may own more (2/3 vs 1/3) but you still own the property together so decisions with respect to sale must be made together. If you are not...
Do I simply fill out a new form if I wish to change health care proxy?
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Answered on January 19, 2022
A new health care proxy revokes any previously executed documents. That being said, you should let the previously designated agent know that you...
What can I do in this situation where my sister wants to kick me out because her name is on the will for state land?
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Answered on January 18, 2022
It's not exactly clear from your description but I gather that your father left a Will naming your sister as the beneficiary of a property in which...
Is there taxes when I sell my deceased mother's home when house deed shows my name and 2 siblings?
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Answered on January 10, 2022
Since the property was gifted during your mother’s life, the basis is carried over from when she purchased or inherited the property. Recipients of...
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I got a letter stating a amount left for estate nothing about stocks or accounts says initial payment is there more payments ?
Kimberly's answer
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Answered on December 11, 2021
I think we would need a little more information. If you are a beneficiary and disagree with anything you’re receiving, you should consult with a...
What is the NYS medicaid estate recovery statute of limitations?, And can they go after joint accounts?
Kimberly's answer
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Answered on December 10, 2021
Medicaid estate recovery only applies to estate assets, that is assets that were in the decedent's sole name at their death. Because the joint...
Father died, left no will, how does court proceedings work?
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Answered on November 29, 2021
If he left no Will, the assets in the estate will be divided among you and your sibling (and any children of any predeceased children, if...
What property value will be used if mortgage is taken to buy sibling out?
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Answered on November 22, 2021
You would not be able to buy out your sibling until after your parents’ death. It is only then that you become an owner, or co-owner as the case...
Elder law attorney questions about bank account transfers ?
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Answered on November 22, 2021
Because the transfer exceeds the Medicaid 60 month lookback, this should not affect his Medicaid application for nursing home. Only transfers...