Question: You mentioned life estates in one of your answers and how they relate to Medicaid. I’ve also heard about life estates with powers, which do not have all the limitations of life [...]
Question: The attorney I retained has already cost me $2,500 ($1,000 retainer fee + additional charges) for emails, mostly, and a 1/2 hour conference call). I am 76, live alone, have 2 sons, own [...]
Question: My father remarried after my mother died. He was in his sixties. He owned our family home and had no mortgage or liens. He never put his second wife on the deed because he wanted to [...]
Question: My parents have had a life estate for 12 years. The deed is in their adult children’s names. Both parents are in a nursing home where their Social Security and pension pay for [...]
Question: My parents gave me a life estate on the property in which my house sits. My father has passed away but my mother is still living. I have my house paid for now. Should I have the life [...]
Question: My mother has quitclaimed the deed of her house to me while retaining a life-use interest. There may be a future potential to sell the house prior to her death if she wants or needs to [...]
Question: If my sister and I inherited half of our dad’s house after he passed and then his wife went down to the courthouse and filed a life estate, is this legally binding? We had no [...]
Question: If my sister and I inherited half of our dad’s house after he passed and then his wife went down to the courthouse and filed a life estate, is this legally binding? We had no [...]
Question: My grandparents bought a 500 square foot cottage on the southern coast of Massachusetts in the 60s. After my grandfather passed away in the early 90’s, my grandmother transferred [...]
Question: My brother and sister-in-law turned their camp over to their three boys with lifetime use of it seven or eight years ago. My sister-in-law passed away three years ago. My brother has [...]