Archived
When a beneficiary receives a dist from an irrevocable trust...can the beneficiary then legally gift money to the grantor?
Edward's answer
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Answered on December 15, 2013
It is not illegal, but probably a really bad idea. The trust was most likely set up to shield the grantor's assets from nursing home costs. If you...
Archived
Wisconsin Resident concerned about going into a nursing home.
Edward's answer
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Answered on December 15, 2013
The answer depends on things such as if you are married or have a caregiver child or disabled child at home. Your house is too important an asset...
Archived
For purposes of Medicaid in Wisconsin, what assets are exempt?
Edward's answer
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Answered on December 15, 2013
If you are single the answer is $2,000, a car worth $4,500 and an insurance policy wotrh no more than $1,500. If married teh community spouse can...
Archived
I AM A WIDOW WHO COLLECTS SS AND A PENSION. AM I SUPPOSE TO PAY TAXES?
Edward's answer
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Answered on December 13, 2013
I really don't think you need to contact an attorney, but you do need to file a tax return. Check around and I'm certain you will find a place...
Archived
Insolvent Estate and filing a Transfer by Affidavit
Edward's answer
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Answered on December 07, 2013
Attorney Krause is absolutely correct. If you close out the other accounts using a transfer by affidavit you are responsible for seeing that the...
In Wisconsin if you do not have a will but will have a surviving spouse does the spouse inherit everything with probate?
Edward's answer
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Answered on December 03, 2013
In Wisconsin if you don't have a will and if there are no children, or if all of the decedant's children are also children of his spouse,...
Archived
What kind of attorney do I need?
Edward's answer
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Answered on December 01, 2013
Because you "inherited" the property in 1999 it obviously didn't come from your Mom. If you sister signed a deed in 2000 taking her name off the...
Archived
My elderly mother was taken from AZ directly to an extended care facility in CA before she died.
Edward's answer
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Answered on December 01, 2013
For personal property probate occurs in the State where the person was a resident. In the case of your mother it sounds like California. For real...
Archived
Wisconsin Resident Medicaid question.
Edward's answer
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Answered on November 26, 2013
What was left out was your age and if you are single of married. If you are single the asset limit for Medicaid is $2,000, and if married the...
Archived
If the executor of an estate is not having the will read how do you get it read
Edward's answer
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Answered on November 25, 2013
In all my years as an estate planning attorney there is only once that I "read" the will to the family, and that was at the request of the personal...