Michael Leo Potter's Answers (5702)

Archived

My mother has money and how can we protect it if she goes in to a home

Michael's answer | Answered on June 10, 2014

There are some exemptions to Medicaid Recovery, and there are some effective Strategies that can be employed such as the use of certain types of...

Archived

Can the holder of POA sell the parents land & other assets without consent of living parent or other siblings?

Michael's answer | Answered on June 10, 2014

It depends entirely on HOW the POA of Attorney has been drafted (and signed) and also which type of POA it is. Sit down with an Estate Planning...

Archived

How do I establish a family trust?

Michael's answer | Answered on June 10, 2014

You'll want to sit down with an experienced Virginia Estate Planning attorney to Get Started. See 'Find-A-Lawyer' at the very top of this Web Page.

Archived

I die. I have three grown children, Do we need a will drawn up to protect husband from children claiming my share of house?

Michael's answer | Answered on June 09, 2014

Have your Will drafted to make your intentions clear. If you are BOTH owners on title of the house, the survivor typically owns the house 100% But...

Archived

With an irrevocable family trust, can the beneficiary of that trust have POA over a condominium?

Michael's answer | Answered on June 09, 2014

The Trustee is a fiduciary and has the responsibility. Giving a POA to someone else would counter the appointment of a trustee in the first place....

Archived

Should a sibling have POA and executor of estate when there is no reason to do so. My mother is mentally competent? Debbie

Michael's answer | Answered on June 09, 2014

You Mom can leave her property and money to whomever she wishes - so long as she is mentally competent at the time she does so.

Archived

How can I override a beneficiary whom they cannot find,, me being the heir and paying $240,000 for the Estate.

Michael's answer | Answered on June 09, 2014

The sooner you sit down with an Estate Planning attorney licensed in Arizona, the sooner you will find the best answer. See 'Find-A-Lawyer' at the...

Archived

How do I protect family financial assets from going to pay current hospital bills after insurance coverage runs out.

Michael's answer | Answered on June 09, 2014

The patient who benefits from hospital & medical care owes payment to those who provide it. Do NOT engage in Fraudulent Transfer.

Archived

How to get a copy of Trust, or Will in CA

Michael's answer | Answered on June 09, 2014

Beneficiaries are entitled to a copy of the Trust document - and should ask for it through the Trustee.

Archived

We have been married three years. neither of us have a Will or Trust. Each of us have one adult child.. What if one dies..

Michael's answer | Answered on June 09, 2014

Don't waste any more time. Get thee to an Estate Planning attorney and get your individual and joint act together. Plan for Legal Guardians, Powers...

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