What happens to the estate/assets of a married couple who live in NY, die together and have no children and no will?

New York intestacy law dictates eho inherits when there is no will. In your example your parents would be next in line, the your siblings (or...

Can any revocable trust, even if worded correctly, ever protect assets from Medicaid?

Revocable trust cannot protect assets for the person who set up the trust (or their spouse). If you are concerned about asset protection you should...

Not sure if I need another attorney? My father wants to tranfer my childhood house in my name .

You need to speak to an estate attorney. Did your mother have a Will? Since she owned the house, when she died it became part of her estate and you...

I am one of three trustees of a trust with a value of $18,000,000. The trust is silent regarding payment of trustee fees.

If the trust is silent on trustee commissions then you should be entitled to it. There is a statutory formula in New York for commissions

If my elderly parent refuses mine, my sisters, or anyone else's help, assistance or care, how do I protect myself?

Generally, children are not legally responsible for their parents unless you become the legal guardian. Even with a health care proxy or a power of...

Ideally if your friend is still living he should revise his will to correct your name. If he has died already, then if you are sufficiently...

Great question because this is something that is often overlooked. The answer is yes, so it is very important to look at beneficiary designations...

WE BOTH MADE A WILL IN THE EIGHTIES LEAVING THE ASSETS TO EACH OTHER UPON DEATH

You made a joint will? Or are you looking for his will? If you made a joint will, you need to execute a new will. If you are looking for his will,...

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Father in nursing hone applying for Medicaid mother wants to pay for burial costs now would this be a bad thing

There is no problem with her prepaying her funeral.

ONE SETTLOR DECEASED OTHER IN NURSING HOME IRREVOCABLE TRUST HAS RESIDENCE DOES THE NURSING HOME HAVE INTEREST

There are a number of factors. When was the trust established? When was the home transferred to the trust? What does the trust say as to if/how...