Question: Can the ownership of a whole life insurance policy be changed to a funeral home to make someone Medicaid eligible prior to the application being submitted without penalty? Response: Yes, prepaying for a funeral, whether with cash or with a life insurance policy with a cash value, is a legitimate Medicaid spend down. In […]

Question: In a probate estate where a husband dies intestate leaving a wife and two children (a minor child who is also the child of his widow and an adult child who is the child of a prior relationship), if the only asset is partially encumbered real estate in which the widow and her child […]

Question: My brother and myself are the trustees of an irrevocable family trust from my deceased parents in Maryland. The trust has 5 beneficiaries (5 siblings). We just sold and closed on my parents’ home. My parents had 3 different back accounts at one bank; one of those accounts was a “trust account.” Our plan […]