Archived
How can my husband secure his investment in the house that we are currently living in and paying mortgage in partnership?
Steven's answer
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Answered on May 08, 2020
You don't state who owns the house...and your statements suggest that it might be in a partnership. If that's the case the terms of the partnership...
Archived
Who pays the taxes, mortgage etc on the Life Estate property when mom, who currently has Medicaid,goes into the nursing home?
Steven's answer
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Answered on May 08, 2020
You will need to consult with an Elder Law attorney in IN discuss the particular implications of the life estate. In many states the actuarial...
Under the CARES act, it allows for IRA withdrawals tax up to 100k to be stretched over 3 years. Does that apply to inherited?
Steven's answer
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Answered on May 08, 2020
To my knowledge the type of IRA doesn't matter. Here's an additional article:...
Archived
How does my girlfriend remove her name from house title that was foreclosed 2014?
Steven's answer
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Answered on May 08, 2020
Sounds like her credit was hit because she was still listed on either the property, mortgage, or both. Would advise working with an attorney...
Can I take away my husbands right to refuse dialysis treatment ?
Steven's answer
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Answered on May 08, 2020
Typically you must apply the substituted judgment theory which provides that you must act in accordance with the person's wishes, not what you feel...
Archived
How can I protect girlfriend legally and financially?
Steven's answer
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Answered on May 07, 2020
I would consult with an estate planning lawyer to determine what specific protections you're wanting to give. The entity controlling the pension...
How long does it take APS to contact a person that filed a report ?
Steven's answer
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Answered on May 07, 2020
This completely depends on your county's area agency on aging. Staffing at these agencies is limited to none under the current COVID-19...
I want to buy my sick, elderly uncle's house for under market value?
Steven's answer
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Answered on May 07, 2020
An elder law attorney is necessary to avoid the potentially drastic consequences of what you are currently proposing. Improper gifting can and...
Archived
What can I do to keep my sister and her daughter from taking the power from me that my mother gave me years ago??
Steven's answer
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Answered on May 07, 2020
These previous answers don't need further enlightenment, but I will say that family dynamics that devolve in the manner you described often lead to...
We have a sole proprietorship business. Husband is retired and collecting social security. How can wife take over the business?
Steven's answer
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Answered on May 07, 2020
I don't recommend filing separately because you lose several important benefits of filing jointly. If business is a sole proprietorship, it could...
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