I co-signed a car loan; co-buyer is defaulting. Bank says it may repo if no payment soon. I need advice about making a payment.
Gary's answer
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Answered on March 12, 2014
One of my former attorney friends used to say a guarantor is a fool with a fountain pen. Unfortunately your credit is already taking a hit and I...
Archived
If a child of special needs is over the age of 18 can he/she lose their SSI Benefits and Medicaid due to child support?
Gary's answer
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Answered on March 12, 2014
A great deal more information is needed to accurately address this situation. I suggest you retain an estate planning/elder care attorney with...
Archived
How do you protect a senior citizen's savings account?
Gary's answer
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Answered on March 12, 2014
There are a great deal of issues that there is no information included in your description. If there are enough assets involved there are better...
Archived
Can a nursing home come to your apt. intimidating you to return your mother to the facility?
Gary's answer
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Answered on March 12, 2014
Their conduct certainly seems inappropriate. I would consult with an elder care/estate planning attorney to determine how to best proceed. While...
How do I access my husband's bank account? It is in his name alone. He is in the hospital and unconscious because of a stroke.
Gary's answer
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Answered on March 12, 2014
You do not mention whether he gave you his power of attorney prior to his stroke. If not, you will need to begin a guardianship proceeding to be...
Archived
My mother was recently put in a nursing home. I am her disabled grown daughter. Can she give money to me without being penalized
Gary's answer
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Answered on March 12, 2014
Your mother needs to consult with an elder care attorney and see what options she may have to transfer assets to you as a disabled adult child...
Archived
On my taxes, can I both list that I am married and file as Single?
Gary's answer
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Answered on March 12, 2014
You must file last year's returns as single. The marital status is determined as of the last day of the year. You were married in january. The...
An annuity is in an Irrevocable Trust. Would income generated by annuity be attachable by Medicaid?
Gary's answer
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Answered on March 12, 2014
There are general income and asset eligibility rules to qualify for Medicaid benefits. I agree that you need to consult with a local estate...
Archived
Can my father, age 92, deduct the fees for the year of an Agency that provides Home Care 24/7?
Gary's answer
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Answered on March 12, 2014
To the extent the caregivers are providing medical services and not just companionship and living assistance some part of the expenses are...
Archived
57 year old dementia female needs help, how can her elderly parents find a facility that won't bankrupt them?
Gary's answer
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Answered on March 12, 2014
I agree with my colleagues. They need to consult with an estate planning attorney with elder law and Medicaid experience to help them with their...
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