Wallace Ray Nichols Jr.'s Answers (51)

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Hi how much money can a grandchild get from there grandfather. there are two of them, there grandfather is 94, dying fast. tax?

Wallace's answer | Answered on September 19, 2012

You need to provide more facts concerning the surviving family members and relationships to the 94 year-old grandfather. You make it sound as if...

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We just recently talked to a insurance company about long term care (in home health care)is this a secure thing to do

Wallace's answer | Answered on September 19, 2012

In Georgia, I work with in-home health care providers. These companies are reputable, are bonded, and thoroughly investigate the providers before...

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If a loved one goes into a nursing home in nj do they have to give up everything they own to get Medicare

Wallace's answer | Answered on September 18, 2012

Generally, so long as one has the intent to return to their home, it will not be counted as a resource. If there is a community spouse who...

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How can i find my trust fund

Wallace's answer | Answered on September 18, 2012

I agree with my colleagues here. My meager addition to the discussion is to urge you to check with all the financial institutions in your region...

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What is the difference between Medicaid Trust and The deed with life estate. Should I have the later one now while my parents i

Wallace's answer | Answered on September 18, 2012

I agree with my colleague but would add that assets transferred to the Medicaid Trust are still susceptible to triggering the penalty period until...

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Im trying to get an advance on my inherence

Wallace's answer | Answered on September 18, 2012

I agree that your question is very difficult to understand. From what I can glean, it appears that you may be concerned about an accounting of the...

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My stepmother died, my father and I are the only two names left on the deed to the house.

Wallace's answer | Answered on September 18, 2012

You should contact a probate attorney in the Houston area to clear up any loose ends concerning the deed to the house, any potential equitable...

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A daughter with POA and as Trustee stole $1,000,000.00 and property worth $150,000.00. On what grounds can my Mother sue?

Wallace's answer | Answered on September 18, 2012

Your mother should immediately retain counsel or counsel should be retained on your mother's behalf. You mother may seek appropriate equitable and...

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My stepmother died.

Wallace's answer | Answered on September 18, 2012

I agree that you and/or your father should hire an attorney. The deceased stepmother's estate may have an equitable claim to an interest in the...

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Division of settlement of lawsuit, between 4 plantiffs who are sisters if 2 have passed prior to settlementy

Wallace's answer | Answered on September 17, 2012

I agree with the other answers in that these documents will not be sufficient for either plaintiffs or defendant to fully accomplish final...

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