Question: My mother is in assisted living. She has a total of approximately $255,000 cash in the bank, after selling her home and belongings. What are her options for gifting to grandchildren for [...]
Question: I am 72 years old and in good health at the present time. However I own a piece of land with an estimated value of $1,000,000 but do not own a home or anything else of value. What is [...]
Question: Everything about mom’s assets and estate were kept confidential until after her passing. Can an agent under a durable power of attorney or a trustee (I’m not sure of her [...]
Question: I own two rental properties and the house I live in, all paid for and depreciated, purchased 40 years ago for a total of $100, 000. Today’s value is about $300,000. My husband [...]
Question: My grandson who is 8 years old has Dravet syndrome. How can I give him my benefits after I pass or split some with him while I am alive? Response: I assume you’re talking about [...]
Question: I am 72 years old in good health at the present time. However, I own a piece of land with an estimated value of $1,000,000, but do not own a home or anything else of value. What is the [...]
Question: My mother is on a second marriage. What kind of trusts can you set up to protect her money from a previous marriage? Response: The answer depends a bit on what risks your mother is [...]
Question: My father is in a second marriage and wanted to gift his money to me to protect it from the debts of his spouse and wife’s family. The plan would be to use this gifted money for [...]
Question: My mother is receiving Medicaid now and wants to transfer her home to her son who is disabled, under 65 years old and has an income of less than $2,000. Can she do this even if she is [...]
