Archived
If an older floridian recieves medicaid does the state have any legal right to that persons life insurance at their death?
Joseph's answer
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Answered on December 05, 2012
I assume that your mother is not curently on medicaid if she is well enough to travel.
The cash value would have to be disclosed on the medicaid...
My brother signed away all rights to a home listed in my parents trust. I am the only other beneficiary. Is the house mine?
Joseph's answer
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Answered on December 05, 2012
The answer depends on what your brother signed.
A disclaimer would not work but an assignment would.
Archived
I have power of attorney of a lady and her family wants to sell the house and she is in a nursing home. I'm not related .
Joseph's answer
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Answered on December 05, 2012
I would meet with a medicaid attorney to see if the house is sold if the proceeds can be placed in an exempt asset that would not interfere with...
Archived
How do I ensure that my dad's estate will consider me in the division of property?
Joseph's answer
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Answered on December 05, 2012
Did your Dad have a will?
If so-his will would control the distribution
of his estate.
If not-the state statutory provisions would control which...
Archived
Can a estate be divided where it can be settled with cash being divided now and the house later when it sells
Joseph's answer
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Answered on December 05, 2012
Yes-you can make/receive partial distributions in an estate.
The trick is to hold back enough money to pay all the expenses
of the house before...
Archived
Question on a trust........ I want to make sure I understand something.
Joseph's answer
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Answered on December 05, 2012
I often call a "Trust" a bucket.
Once the attorney drafts the trust-the client
must title their financial accounts to the trust name(filling the...
Archived
Trust
Joseph's answer
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Answered on December 05, 2012
OK-another angle would be an irrevocable trust.
This would be a valid asset protection trust unless set up as a fradulent
transfer.
Archived
Entitlements of a Will
Joseph's answer
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Answered on December 05, 2012
The Credit Union needs to make sure that it is proper to pass the title to you.
If the estate is in a probate proceeding-the executor appointed by...
Archived
Hello..Should a fee agreement be signed with the attorney before proceeding with bankruptcy process?
Joseph's answer
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Answered on December 05, 2012
I agree with Attorney Cesta.
If the attorney can quote a fee-the attorney should have an agreement
as to what it covers.
So-I would tell...
Archived
Are heirs financially responsible for liens on parents estate?
Joseph's answer
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Answered on December 05, 2012
To answer your question directly-if you do not open the probate estate-the heirs are not responsible for the parents debts unless they obligated...
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