Can I avoid Probate with a Lady Bird deed? And what is the downside for my situation?
If you get a trust, you could transfer your bank accounts and insurance to the trust along with the home. Your trust could have separate credit...
Estate planning Lawyer
Practice Areas: Estate Planning, Probate, Elder Law
If you get a trust, you could transfer your bank accounts and insurance to the trust along with the home. Your trust could have separate credit...
It depends on how your mother and brother own the condo. If it is joint tenants with right of survivorship, then when she dies it will be owned...
Your question is confusing. The Michigan Secretary of State (DMV in other places) can typically transfer title to next of kin, as long as the...
It is not clear if you are talking about the house they live in or if she has an additional house. One house, their residence typically, is...
A lady bird deed avoids probate. In Michigan, that is enough to avoid estate recovery. You will need an Ohio Medicaid expert (elder law attorney)...
As the other attorneys have mentioned, the only way to solve this issue is to have an attorney review everything.
You will need to amend the trust. My suggestion would be to go to the same attorney that drafted it for you in the first place. If you cannot or...
Lady bird deed - yes, but as other attorneys have mentioned, you should see an experienced elder law attorney to review your entire situation. The...
Medicaid will not pay until he is eligible- under $2,000 in non-exempt assets. If he qualifies then they will calculate a penalty period based on...
You only need a trust if you have money or are going to receive money. If you get the money and then set up a trust, that is a 1st party trust. ...