In Pennsylvania, is a pension with a Revocable Trust designated as beneficiary subject to creditor claims

Generally speaking, assets in a RLT are subject to creditor claims - but then (assuming this is a single person) the RLT becomes IR-Revocable at...

I reside in Senior Housing. My last certification raised my rent by $30.00 per month due to the cash value of my life ins.

Yes it will.

Who owns this house?

I concur with Scott. At the time of his death, if the house was NOT in your Dad's name legally it would go to the beneficiaries/heirs of his wife...

What type of lawyer would be best in pursuing legal action for my mother's stolen estate?

I'm sorry your elderly mother was defrauded. You'll want to hire a Litigation Attorney. See Avvo.com under Find-A-Lawyer. You'll also want to file...

Selected as the best answer

Not asking about Medicaid, Nursing Home spend down! Just want to know how a funeral trust impacts my assets!

A funeral trust moves the dollars from you estate into the trust. It lowers your net worth. It makes sense to sit down with an Estate Planning /...

Selected as the best answer

POA for my aunt w/dementia; when I sell her house should I place her funds in my name and/or her daughters for her security.

Charles & Steve are both correct. It's vitally important that you act for HER benefit and don't later become the recipient of claims of theft. ...

MY MOM DIED BECAUSE A NURSE DID NOT CHECK ON HER WHEN HER ALARM WAS GOING OFF ME AND MY 10 YR OLD NEICE FOUND HER THIS WAY

I'm very sorry for your loss. If you feel this was medical malpractice, you should sit down with a Litigation Attorney. Take a copy of the death...

Does a funeral trust remove the cash value of a life insurance policy from counting as an asset?

Yes, it is very effective.

(Michigan Law) My father died in 2011, stepmother passed July2013, He left a will ,I understand there is now a trust,

Not unless you are a beneficiary.

Which is the better? A pre paid burial or an Irrevocabe burial trust. Does the trust remove the cash value from my assests?

Burial plans and Funeral Trusts are two sides of the same coin. By spending cash in this way it is part of a 'Spend Down' plan that helps qualify...