Does my Mom need a financial Power of Attorney if she is widowed and I am the only child?

Although you already have access to the joint accounts, if your mother becomes legally incapacitated, there are other matters that will require a...

I agree with most of the comments provided by my colleagues. Of course, I recognize that you are in Ohio and should consult with a local elder law...

A penalty (waiting period) is imposed based upon the amount of uncompensated transfers (gifts) that you make within 5 years before you apply for...

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Does gifting under the tax tree gift law exempt those assets from the medicaid nursing home look back period .

Generally, I agree with the other answers. In particular, I agree with Mr. Silverberg's conclusion that you should stop the gifting practice now. ...

How can we legally change the name on a deed to my mother's name if she is now incompetent?

If you intend to file for Medicaid to pay for nursing home care or assisted living care, you should not transfer the title (assuming that you have...

The Florida Medicaid Estate Recovery Act limits Medicaid estate recovery to nonexempt probate property. There would be no claim against the...

I am concerned about the billing in an office where I am employed as a general dentist in ohio regarding ohio medicaid

As a service provider, you should contact a local attorney who specializes in Health Law. Elder Law attorneys advise individuals regarding their...

How many irrevocable trusts can you create in florida.

The simple answer is that there is no limit on the number of trusts that an individual can create in Florida. If you wish to create an...

In Florida, the wife is not liable for the husband's medical bills unless she specifically guarantees those accounts. However, if there are assets...

My elderly father-in-law wants to pay us a monthly amount for room, board and care . Is it considered taxable income for us?

Generally, these payments would be considered part of your gross income for federal income tax purposes (and you may have state income tax issues...

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