In Indiana, what is the best way to set up a minor as a beneficiary? (ex:tax penalties & guarding the acct frm an adult stealing

This is a situation that demands the use of a trust. This document can be hand tailored to meet your specific needs mentioned. Get with an...

In this day and age of fraud and financial desperation, I would run from this man. This is a real problem. By the way, what do your parents want?...

My godfather passed away in 2010 and he left me his pension however the pension board states he picked option four not making me

I am afraid you are out of luck here. His beneficiary designation with the pension is binding and is irrevocable. Hope this helps. Please...

Does my mother have a life estate and if so, do we have to report it to medicaid?

Mr Adler makes a good point. The argument would be that she made a completed gift to the two of you 20 years ago. At that point she gave up her...

How do i go about it?

The other angle to pursue would be to provide for him in your will or to set up a trust for this child if you are so inclined. Get with an estate...

I think I'm the skip person of my Aunts Will, someone please explain this to me, what if i am the skip person then what?

A skip person is a term used for generation skipping transfer taxes (GST), which is a second estate or gift tax imposed when gifts are made to...

Trust us, we lie

You would be wise to retain your own estates attorney to see if all is being done correctly. A review of the estate and the trust documents would...

My Life insurance currently has my aunt as beneficiary. Is there a way to change this to see that my cat gets some of the $$$.

You need to do some estate planning here. You can name either your estate or a trust you create for the animals as the beneficiary of the trust. ...

How are lawyers fees divided within a settlement of a estate?

As both attorneys point out this part of the case needs to be negotiated. Generally each side pays their own attorney fees and the estate attorney...

We live in Kansas. If I get alzheimers and go to an institution, will my wife eventually lose everything?

Mr pipped offers sound advise. Just be aware that medicaid recovery and lien rules may ultimately impact the estate. Get with an elder law attorney...