Do you have to cash in life insurance policies if someone is going into a nursing home for medicaid?
The cash value of the life insurance policy is treated as cash by Medicaid and you're limited to $2000 cash. An alternative to borrowing the full...
Grand Rapids, MI
Elder law Lawyer at Grand Rapids, MI
Practice Areas: Elder Law, Trusts ... +2 more
The cash value of the life insurance policy is treated as cash by Medicaid and you're limited to $2000 cash. An alternative to borrowing the full...
This is not at all unusual. Nursing homes frequently pursue claims against gift recipients under fraudulent transfer theories. So many people think...
Rule #1 Don't sign anything you don't understand. Rule #2 If you don't understand it, take it to someone who does.
First look to beneficiary designations on the specific mutual fund account. Whatever the beneficiary designations say, that's what goes. Next, if...
It is possible, but unlikely, that the park has a security interest in your mom's mobile home. If not, then your mom can move it (and should if...
This is actually an enormous question, because there are so many aspects to it. First things first: consult with a local elder law attorney...
First hire an experienced civil litigator who has handled embezzlement cases and a forensic accountant so you get your ducks in a row, then let the...
Call adult protective services. You don't have to endanger yourself or other occupants of your home...
But this is a fairly common problem and basically you're screwed... Time after time we have families who operate the way families do... helping...
Some verbal agreements are valid, but if the agreement is for more than a minimal amount of money, cannot be completed in one year, or involves...