Archived
How much money can 78 old mom give her kids for Christmas for presents without Medicaid wanting it back if she goes to NH
Michael's answer
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Answered on December 17, 2012
Nothing. There is a $13,000 per person exemption annually from gift taxes, but that is a tax issue. Medicaid has nothing to do with taxes, but...
Archived
Should we pay $3,000+ for Attorney to analyze if can protect any assets in long term nursing facility situation?
Michael's answer
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Answered on December 17, 2012
If all the attorney is doing is reviewing existing documents for $3,500, you're being ripped off. Actual costs for review and taking actions if...
Archived
How do I get power of attorney over my mother who needs medical attention around the clock?
Michael's answer
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Answered on December 17, 2012
First, you can't "Get" power of attorney "over" someone. The person must voluntarily appoint you as their agent in a power of attorney document. ...
Archived
My sister passed away this past may and the left 2 children she had a living will for me to keep the kids. the father refuses
Michael's answer
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Answered on December 17, 2012
Agree. You'll need to see a family law attorney. The natural father is also the natural guardian for his children, and is entitled to custody,...
Archived
Can I view a will and any other forms concerning the will?
Michael's answer
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Answered on December 17, 2012
Is your father alive or deceased? If deceased, the other posters are correct. Go to the probate court, inform them you are an heir at law and...
Archived
What to do when an Executor will NOT SHARE Will information&will NOT probate the Will? I am an unemployed heir.
Michael's answer
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Answered on December 17, 2012
If the house was place into joint tenancy by deed, as you indicated, then the house does indeed belong to Tracy. However, it is not her will, buy...
Archived
If you are an executor of a will and one of the grantees doesn't want the life estate inherited, what are the options...
Michael's answer
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Answered on December 17, 2012
The person who does not want the like estate can file a disclaimer within 9 months of date of death with no tax consequences for refusing the life...
Archived
How do I go about settling my deceased father's estate?
Michael's answer
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Answered on December 17, 2012
Ms Fuller is correct. Sadly, if people don't keep their important papers in a logical, safe place, it can be quite a "treasure hunt" to find those...
Archived
What is considered concealing of a will and what are the penalties?
Michael's answer
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Answered on December 17, 2012
Yes, that would certainly be considered concealing a will. Virtually all states have a law that requires the original of the will to be turned...
Can an irrevocable trust have the grantor as a remainder beneficiary and still protect assets?
Michael's answer
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Answered on October 01, 2012
Yes, it can be helpful, BUT ! Medicaid has a 5 year look back period for any transfers to trusts and would result in a disqualification period...
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