Archived
How to go about medicaid for elderly parents in an Ohio assistant living facility?
Michael's answer
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Answered on August 31, 2014
Imperative that you sit down now with an ELDER LAW attorney in Ohio. See Avvo.com click on 'Find-A-Lawyer'. Enter "Elder Law" and the jurisdiction...
Archived
I have left my home in my will to a friend. Can I sell it to him for $1 & set up an estate trust instead of waiting til I die?
Michael's answer
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Answered on August 30, 2014
Consider using a Living Trust to own your home and other assets. Sit down with an Estate Planning attorney. See Avvo.com click on 'Find-A-Lawyer'....
Archived
If a public assistance recipient dies w/ HDFC coop with lien from NYC for benefits, what happens to the shares/succesor tenant
Michael's answer
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Answered on August 29, 2014
I concur. This can be complicated if not handled properly. Go to Avvo.Com click on 'Find-A-Lawyer'. Good Luck on this !!
Archived
My mother passed away on 6/27/2014 and had a trust account setup with the local cemetary for her burial.
Michael's answer
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Answered on August 29, 2014
I'm sorry for the loss of your Mom. This is a good example of why consumers should check what is actually in writing on the paper every few years...
Archived
ATTY FEES & COSTS AGREED 2 B COLLECTED@ TRUST SETTLEMENT- IF NO $$
in TRUST 2 PAY FULLY- R PERSONAL ASSETS JEOPARDIZED??
Michael's answer
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Answered on August 29, 2014
"More Clarity is Better than None." I would ask about this. Better to do this in person than over the phone. Good Luck !!
Archived
In April I canceled a life insurance policy. The company continued to withdraw the premiums from my account. I only received a
Michael's answer
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Answered on August 29, 2014
Part of the answer depends on HOW you 'cancelled' the policy. Your insurance agent can help, and so can the IN Dept of Insurance. Good Luck.
Archived
When a spouse goes into long term care does the remaining spouse lose their assets-annuities/house/savings are joint-401k mine
Michael's answer
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Answered on August 29, 2014
Long-term care can be covered by either LTC Insurance or by Medicaid. Such care can be provided (1) at home (2) in an Assisted Living Facility or...
Archived
My parents are deceased; I am planning to buy their house, which is in a Revocable Living Family Trust, from my siblings.
Michael's answer
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Answered on August 29, 2014
1. Transfer the funds to the Trustee. 2. Have the Trust execute a Deed in your favor. 3. Record the deed with the County Recorder's office.
Archived
My sister passed away from ARDS and her husband hired a lawyer and is now keeping info from us her family.
Michael's answer
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Answered on August 29, 2014
Ivette is correct about the uphill battle. The next-of-kin (husband) has the right to handle it.
Archived
My uncle needs a caregiver like yesterday and instead of his daughter getting one for him, she spends his checks coming in...
Michael's answer
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Answered on August 29, 2014
She is engaging in Elder Financial Abuse. Get Adult Protective Services involved in your County. Also sit down with an ELDER LAW attorney to...
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