Charles Bernard Pyke Jr.'s Legal Cases (2)

Elder law

Preserving Assets for Long Term Care Costs

N/A

OUTCOME: After meeting with us, we were able to help preserve most of their assets and still qualify her husband for receiving Medicaid.

I recently meet with a concerned wife whose husband had a stroke and was currently in a rehabilitation facility. The wife was told that she would have to spend all of her assets before her husband coul ... d qualify for Medicaid. She and her children we distraught because this would leave her broke and unable to pay her bills.

Estate planning

Second Marriage

N/A

OUTCOME: We were able to represent them both and accomplish their wishes.

2. A husband and wife came in to meet with me. This was a second marriage for both and they each had children from previous relationships. The husband is the more financially secure of the two. They di ... d not have the same desire for the distribution of their respective estates. The husband wants to leave his assets to his wife for her life and then at her death it would all pass to his own children. On the other hand, the wife feels the husband has sufficient assets and does not need to inherit from her. She desires to leave her portion of the estate directly to her own children, excluding the husband.

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