Questions answered by Dennis Michael Phillips

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Medicaid Eligibility and Transfer of Assets

Dennis's answer | Answered on September 20, 2013

Gifts directly to spouse are kind of like taking money out of left pocket and putting into right pocket. That life policy is a ticking timebomb,...

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My husband and I had a family trust created in AZ. We now reside in CO. Do we need to redo the trust?

Dennis's answer | Answered on September 20, 2013

While your trust agreement will be valid in other states under Comity, your state of residence' laws will apply when it comes time to administer...

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How long does it take to receive an inheritance from an irrevocable trust after 120 days time has passed?

Dennis's answer | Answered on September 20, 2013

That which happens to the Will and that which happens with an irrevocable trust (assuming that it was irrevocable prior to the death of the...

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I need elderlaw advise in Louisville KY

Dennis's answer | Answered on September 20, 2013

http://www.eldercounsel.com/members/search/?name=Enter+Name&state_id=KY&city=Lexington&zip=Enter+Zip+Code&radius=50&submit=Search

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My wife wants a divorce she waited for my inheritance money and the profits from the sell of our home to be extinguished

Dennis's answer | Answered on September 20, 2013

If all of her inheritance will remain in trust for her, then you are hosed. Technically those assets won't be hers, they'll be owned by the...

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As one beneficiary of my father's will, I would like to know the legal protocol of what to expect.

Dennis's answer | Answered on September 20, 2013

http://www.floridabar.org/tfb/TFBConsum.nsf/0a92a6dc28e76ae58525700a005d0d53/92f75229484644c985256b2f006c5a7a?OpenDocument

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Bank cancels "Motion to dismiss" hearing in foreclosure case

Dennis's answer | Answered on September 20, 2013

I don't understand how a plaintiff could "cancel" a hearing on what I presume is YOUR motion to dismiss. If you filed the motion and set it for...

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My dad died 2wks ago had will w/lge estate lft to mom, sis is executor/I am co-exe, sis wont give me copy of will,

Dennis's answer | Answered on September 18, 2013

The will should have been filed with the court by now. Keep an eye on the court docket

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Power of Attorney

Dennis's answer | Answered on September 18, 2013

If the power of attorney empowers the attorney in fact to hire counsel to represent your interests, then YES, your agent can hire an attorney; but...

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If I quitclaim my interest in our homestead property to my wife in FL to protect assets, what will happen if we are divorced?

Dennis's answer | Answered on September 18, 2013

If you give something away, then it's not yours any more. Why are you considering gifting your interest in your homestead property? You'd likely...

Dennis Michael Phillips's Answers (2320)

Medicaid Eligibility and Transfer of Assets

My husband and I had a family trust created in AZ. We now reside in CO. Do we need to redo the trust?

How long does it take to receive an inheritance from an irrevocable trust after 120 days time has passed?

I need elderlaw advise in Louisville KY

My wife wants a divorce she waited for my inheritance money and the profits from the sell of our home to be extinguished

As one beneficiary of my father's will, I would like to know the legal protocol of what to expect.

Bank cancels "Motion to dismiss" hearing in foreclosure case

My dad died 2wks ago had will w/lge estate lft to mom, sis is executor/I am co-exe, sis wont give me copy of will,

Power of Attorney

If I quitclaim my interest in our homestead property to my wife in FL to protect assets, what will happen if we are divorced?