Archived
What are my rights to see my father who has stage 4 lung cancer and a wife that threatens to not notify the family of his death.
Michael's answer
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Answered on September 18, 2013
Simply show up with his grandchildren and bring her flowers. Sometimes it is easier to get forgiveness than it is permission. I'm sorry you have...
How do we protect my mom's assets if she has to go to a nursing home and runs out of money?
Michael's answer
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Answered on September 17, 2013
Medicaid protocols and guidelines are a bit different in each State. You need to sit down with and retain an Elder Law attorney in your area. See...
Archived
My spouse and I have two LLC's with real holdings in each. Do we need to have a trust or would a will be OK?
Michael's answer
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Answered on September 17, 2013
The wisest course of action is probably a Trust. Sit down with a Phoenix Estate Planning attorney and get started. See Avvo.Com under...
Archived
How is billing handled when a rental property is producing and in creating a trust for that property is rent factored into bill?
Michael's answer
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Answered on September 17, 2013
I concur with my two colleagues. The income is similar in nature to a dividend on a stock. The underlying value is the property itself. Good Luck.
Archived
Must a Certificate of Incapacity be filed somewhere in FL? Is there somewhere to "prove the negative" (that it does NOT exist)?
Michael's answer
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Answered on September 17, 2013
Medicaid protocols are a bit different in each State. Be best is to discuss the best course going forward with a Florida Elder Law attorney. See...
Archived
How do i get my all of my money away from my sister?
Michael's answer
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Answered on September 17, 2013
The language of the Trust will specify when distributions are to be made. If you have attained the age set forth in the trust or if the trust...
Archived
Can the expense of a partition action of a Living Trust vary greatly? Is the bulk of cost related to court fees?
Michael's answer
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Answered on September 17, 2013
A partition action is normally associated with a Real Estate transaction. Costs vary greatly of course depending on the nature of the property, the...
Archived
Can we stop my 94-year-old father in Alabama from making "loans" to two people outside the family?
Michael's answer
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Answered on September 16, 2013
It may be time to consider filing for Conservatorship in the state where he resides. Then, call the 'loans' due and payable. See Avvo.Com under...
Archived
What assets to fund in nevada asset protection trust
Michael's answer
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Answered on September 16, 2013
Your questions make it clear that you have good intentions but have not yet retained counsel for this very important matter. What-goes-where is...
Archived
Disabled; receives $4,000/mo in retirement; Medical bills > $3,000/mo.; not covered by insurance. Income Reduction Trust?
Michael's answer
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Answered on September 16, 2013
Joe and Jim are both right. As John Wayne once said "Timing is the Difference Between a Hero and a Fool." Especially given the intent to marry,...
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