Question: My father passed in December 2020. He had a living trust that named my brother as his personal representative and my uncle as his alternate. My brother declined and my uncle either declined or was told by my father’s attorney that he could not serve. I am the only next of kin living in […]

Question: My mother may need to go into long-term nursing home care and apply for Medicaid. She wants to be at home, but we are not sure how long we can continue to pay out-of-pocket for home care. There are people who live in her home, including one of my sisters who is a disabled […]

Question: We have a grantor irrevocable trust from our mother. Her house is for sale and we’re not sure if a step-up in basis is an option or do we carry forward her basis if we do a 1031 exchange? Response: I am assuming your mother has passed away. If so, then at her death, […]