Archived
Can a person list on the trust move into the house with the others permission and keep it a homestead but not in there name
Benjamin's answer
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Answered on March 08, 2013
Sometimes people confuse the homestead credit with the principal residence property tax exemption. The homestead is an income tax credit. The PRE...
Archived
Do we really need a ASPCA form if there was a living trust ?
Benjamin's answer
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Answered on February 20, 2013
The other attorneys are correct regarding how a trust works. You can do a Petition and Order of Assignment for assets under 20k. One caveat, under ...
Archived
Once the estate monies in my uncle's check book has been depleted what happens next???
Benjamin's answer
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Answered on February 18, 2013
I agree with prior posts. There is claim priority matrix that dictates who gets paid and in what order. There are certain allowances for spouses...
Archived
Can we buy new washer dryer dishwasher for dad with his money, we have in home care for him. he has dementia.
Benjamin's answer
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Answered on February 18, 2013
Do you have a power of attorney for him or were you appointed as his conservator? If so, you could purchase those types things if they are for his...
Archived
Is there a maximum amount that an elderly person can earn form either SS or a pension to qualify for Medicaid benefits?
Benjamin's answer
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Answered on February 16, 2013
Generally, the monthly income cannot exceed the monthly medical expenses. The monthly income goes to the nursing home as a co-pay and the patient...
Archived
Would payments with trustee's personal funds for Trust's legal expenses be deductible for Federal taxes on form 1041 & when?
Benjamin's answer
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Answered on February 14, 2013
It depends. Generally speaking, legal expenses for the average Joe are deductible as a miscellaneous, itemized deduction if they are expended
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Archived
Should friend have elder mother sign off on mutually owned house so it won't go through probate should she die in nursing home?
Benjamin's answer
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Answered on February 14, 2013
You would need to petition the court to transfer a legally incapacitated person's interest in land. Show the deed to an attorney!
He may get the...
Archived
Petition filing
Benjamin's answer
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Answered on February 14, 2013
Online is easiest, but you need to know which court. The nature of the proceeding will dictate which court has jurisdiction. Most courts' websites...
Archived
Is there anything i can do about a life insurance company sending a dead man life insurance .
Benjamin's answer
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Answered on February 09, 2013
In addition to notifying the insurance company in writing, notify the credit reporting agencies o her passing if you have not already done so....
Archived
Will
Benjamin's answer
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Answered on February 05, 2013
Is the person who made the Will deceased? If so, and the bank is holding the Will in a safe deposit box and you are an heir of the deceased person,...
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