Archived
How do I legally revoke a living trust that was prepared while I was married to my now-ex-spouse? Can I replace it with a will?
Michael's answer
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Answered on June 18, 2014
Normally the Living Trust language itself will speak to changes, updates, Amendments and Revocations. Your answer is likely there. Otherwise you...
Archived
Trust benficiarys rights to request information from corporate trustees.
Michael's answer
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Answered on June 18, 2014
Generally a Beneficiary has a right to the Accounting and to answers. Take the documentation you have and sit down with an Estate Planning attorney...
Archived
When receiving medicaid assistance at time of death any assets owned shall be taken by medicaid for reimbursement.
Michael's answer
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Answered on June 18, 2014
Medicaid is a federal program administered a bit differently by each of the States. What constitutes exempt and non-exempt assets does vary a bit...
Archived
As beneficiary, I can remove / appoint a trustee. My broker will not honor my designate without a resignation of past trustee.
Michael's answer
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Answered on June 18, 2014
Take your documents and sit down with an Estate Planning attorney. The trust itself normally lays out the protocol for replacing a Trustee. If...
Archived
Wasn't approved for Medicaid when I qualified.
Michael's answer
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Answered on June 18, 2014
I believe you may well have a sound basis for your Appeal. Discuss this with a Medicaid benefits and Estate Planning attorney in your area. See...
Will a homestead protect my house if I go to prison?
Michael's answer
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Answered on June 17, 2014
Homestead protection for the home is aimed at protecting the home equity in the event there is a civil lawsuit against the homeowner. Sit down...
Selected as the best answer
What to do if accused of financial elder abuse?
Michael's answer
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Answered on June 17, 2014
Here's what to do: (1) Get a Criminal Defense Attorney to represent you; (2) Keep any documentation you have from Adult Protective Services (3)...
Archived
What forms do I need to hand out.
Michael's answer
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Answered on June 17, 2014
My colleagues are right. If there are disclaimers you need to see is next in line because it may not necessarily go to the other siblings.
Archived
How to remove my uncle as the executive of my grandfathers estate in MD
Michael's answer
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Answered on June 17, 2014
If you are an heir, have your attorney file a Motion to Compel a Fiduciary Accounting and to Replace the Executor for Breach of Fiduciary Duty. See...
Archived
My grandmother has Alzheimer's and needs 24/7 care.. she needs to be in home, what are the steps finically?
Michael's answer
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Answered on June 16, 2014
Medicaid Planning is best done at least 5 years in advance of needing 24/7 care. That being said even in a 'crisis planning' situation such as...
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