What is involved in a medicaid entitlement trust? Requirements/cost/maintenance/ relevant federal or state law citation.

I can think of only two types of trusts that we have ever used for Medicaid planning purposes here in WA in the past 25 years. One, an irrevocable...

My Mom had a stroke a few years ago and she has her own house, but is unable to handle her finances.

I assume that because your mother will not let her children handle her finances that she would not be willing to sign a Durable General Power of...

It is true that your mother can transfer the ownership of her home to a caregiver child who, for a period of two years immediately preceding the...

Do we really need an estate or probate set up in this situation?

I would add only this clarification. You cannot set up an estate account unless an estate has been created. As you have correctly noted, there...

"Do I need a real estate attorney in order to add my name to the deed on my widowed fathers home?"

I agree with the two responses that strongly counsel against this move. Your father should not consider deeding the home into anyone else's name...

WA state: Mother willed her share of the community property to their children. Can they get her share if father still alive?

Most of the other answers are helpful. It is generally true that one spouse can "will" their share of the community property to whoever they wish....

I was a co-owner of three cd's with my grandma that were POD to my kids for almost 20 years.

You have a very serious potential issue that is a significant threat to your grandmother, and now also to you. Your grandmother needs to retain...

I am writing separately to correct a couple of misconceptions contained in other answers. First, Medicaid won't take any of the money. However,...

Disclaiming property to avoid estate taxes??

I would only add to clarify that the reason that you might want to consider disclaiming the inheritance that you will receive from your father is...

In the State of Washington, in accordance with state law RCW 11.106.020

The trust beneficiary is the person or persons who are entitled to income from the trust. It is doubtful that the trust does not provide for...