How do you change the successor trustees on a Living Trust in New York State ?

You should consult with an attorney. The first question is "can you" make the changes you want to make? Is the trust revocable or irrevocable? An...

What are the negatives of getting an irrevocable medicaid trust?

The Medicaid asset protection trusts have pros and cons. Stating that having the trust negates the need for long term care insurance is not totally...

What is the best way to protect a home in order to be able it is passed on to her heirs. Trust ? Will ?

you should consult with an experienced elder law attorney - there may be a number of ways to accomplish your goals but the costs vary. it is...

Mother had POA for her sister who was living in nursing home. She had IRA to pay for her funeral expenses, but now she died.

The power of attorney is only good during lifetime. If the IRA had beneficiaries then it is payable directly to them and can only be used for...

Can you advise me what I can do to protect my dad inlaws house from medicad. Been in nursing home for 2 1/2 yrs. owns 3 family

You should immediately consult with an experienced elder law attorney to understand what options you may have.

Wife has dementia / Alzheimer's disease for several years and some times it is hard for me to control her and getting worse.

I am not sure exactly what your question is but I imagine it involves protecting your assets. You should immediately consult with an experienced...

How do you remove a life estate from a house at time of sale?

The proceeds should be divided among the three of you if your brother retains the life estate until the sale. There is a calculation that needs to...

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In 2007 in NYS, what assets in a Revocable Joint Living Trust would be protected from a Medicaid spenddown?

I believe the asset level in 2007 was about $12,000. The question is whether the trust and the assets in the trust were properly disclosed when the...

My father recently died and did not leave an executor of his estate can I become the executor?

It is unclear whether your father had a Will or not. If he did but the named executor is no longer able to serve (ie is deceased) and there is no...

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Do you need to take distributions periodically from an irrevocable trust

You must look to the trust instrument to determine if income must, may or may not be distributed, and to whom. Seek the as advice of an...