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What is a legal amount of money you can give to a son before the 5 years is up and you have to go to a nursing home.?
Peter's answer
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Answered on May 04, 2018
In general, there is no "safe haven" amount to gift a child. Often people confuse the amount under the tax code for annual exclusions (which is an...
If I had to go to a nursing home or assisted living within 5 years could I give my son some money before I had to go?
Peter's answer
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Answered on May 04, 2018
Even without a disability, it's possible to give him some money; however, as other attorneys have noted, you need to be aware of the effect this...
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What is my legal right to my fathers home/assets. No will.
Peter's answer
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Answered on July 07, 2016
I agree with the other attorneys that intestacy laws will govern your father's assets; however, it should be noted that those laws only govern the...
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How do I change the name on a house deed?
Peter's answer
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Answered on June 03, 2016
I'm sorry for your loss. First you need to get a copy of the deed. The terms in the deed are going to determine what you need to do from there. ...
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Do I need to make any disclosure to my living uncle or anyone else regarding any assets now or in the future?
Peter's answer
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Answered on January 05, 2016
If total assets subject to probate exceed $50K (the will only controls the assets subject to probate) then you need to file for a probate...
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Do I need an estate attorney?
Peter's answer
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Answered on November 17, 2015
I assume you are not in the business of managing trusts so you will likely need counsel to ensure that you are properly administering your mother's...
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My stepsister has had my father declared incompetent without any of his real children knowing...is this legal?
Peter's answer
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Answered on February 03, 2014
More information is required to answer your question. Who declared him incompetent? There is a huge difference between a declaration by a court in...
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Mother will be going to nursing home soon, sister has been living with her for 2 yrs one of my brothers is disabled Who will get
Peter's answer
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Answered on January 21, 2014
I agree that the estate planning documents control but there are two Medicaid (a program that helps fund long term care for elderly people) rules...
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My mother is 99 and first in line to receive a large inheritance.She is a ward of the state and in a nursing home.
Peter's answer
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Answered on September 09, 2013
If she disclaims the inheritance the State will deem that a "divestment" for Medicaid purposes and she will be disqualified from Medicaid for a...
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If I was left land in a trust, am I able to decline it and how?
Peter's answer
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Answered on August 12, 2013
I agree with the other attorneys. I want to point out that it is very common for people on Medicaid to wish to disclaim property because it will...