• take action: Plan Your Estate
  • Ask a Question

    Ask Harry a Question

    • This field is for validation purposes and should be left unchanged.

    Close
  • Books
  • Podcasts
  • Guides
  • Subscribe

    Subscribe to the Ask Harry blog

    Loading
    Close
Answers to your estate planning questions so you can take care of your family and yourself. Answers to your estate planning questions so you can take care of your family and yourself. Answers to your estate planning questions so you can take care of your family and yourself.
  • Ask a Question

    Ask Harry a Question

    • This field is for validation purposes and should be left unchanged.

    Close
  • Books
  • Podcasts
  • Guides
  • Subscribe

    Subscribe to the Ask Harry blog

    Loading
    Close

Archives

Monthly Archive for: "August, 2022"
Home /
 What Happens to Tax Basis of Life Estate Upon Owner’s Death?
0
By Harry Margolis
In Real Estate
Posted August 29, 2022

What Happens to Tax Basis of Life Estate Upon Owner’s Death?

Question: I just want to confirm my understanding: I had a life estate on my mother’s home (in Alabama) since she purchased the property in 2017. She has now passed, and the value of the [...]

READ MORE
 Can Couple Protect House from Medicaid Estate Recovery for Husband’s Cancer Care?
0
By Harry Margolis
In Long-Term Care Planning
Posted August 27, 2022

Can Couple Protect House from Medicaid Estate Recovery for Husband’s Cancer Care?

Question: Both my husband and myself are on Medicaid and over 55. Neither of us has received nursing home care or in home care but my husband is being treated for cancer. Will Medicaid take our [...]

READ MORE
 How Can House of Woman in Nursing Home be Protected for Ex-Husband?
0
By Harry Margolis
In Long-Term Care Planning
Posted August 22, 2022

How Can House of Woman in Nursing Home be Protected for Ex-Husband?

Question: I have a friend who been divorced for more than 10 years. His ex-wife is now in a nursing home and her care is covered by Medicaid. My friend is living in her house and they would like [...]

READ MORE
 How Does Medicaid Estate Recovery Work when a Testamentary Trust is Involved?
4
By Harry Margolis
In Long-Term Care Planning, Probate, Wills
Posted August 9, 2022

How Does Medicaid Estate Recovery Work when a Testamentary Trust is Involved?

Question: What if an unknown Medicaid estate recovery claim pops up, and the surviving spouse is not an explicit heir, but rather beneficiary of a testamentary trust? How does delayed recovery [...]

READ MORE
 What Legal Rights Does “Widowed” Partner have in Absence of Marriage?
0
By Harry Margolis
In Non-Traditional Families, Probate
Posted August 5, 2022

What Legal Rights Does “Widowed” Partner have in Absence of Marriage?

Question: The love of my life died from Covid in mid-January. We were together for 15 years but for religious reasons we never “married.” He was just 38 years old. We were always both [...]

READ MORE
 What is Required for a Nonjudicial Trust Settlement in Massachusetts?
0
By Harry Margolis
In Irrevocable Trusts
Posted August 1, 2022

What is Required for a Nonjudicial Trust Settlement in Massachusetts?

Question: I have just read all your posts regarding irrevocable trusts. They were very significantly informative! Thank you. I am one of two co-trustees of an irrevocable trust (in [...]

READ MORE
Categories
  • Asset Protection (34)
  • Charitable Giving (10)
  • Durable Powers of Attorney (44)
  • Estate and Gift Taxes (56)
  • Guardianship and Conservatorship (5)
  • Health Care Directives (13)
  • Irrevocable Trusts (52)
  • Long-Term Care Planning (173)
  • Non-Traditional Families (16)
  • Non-US Citizens (27)
  • Pets (4)
  • Practical Matters (15)
  • Probate (38)
  • Property in Other Countries (5)
  • Real Estate (69)
  • Retirement Plans (19)
  • Revocable Trusts (102)
  • Second Marriages (11)
  • Social Security (18)
  • Special Needs Planning (70)
  • Trustee (52)
  • Vacation Homes (3)
  • Wills (50)
© All Rights Reserved  |  Privacy Policy

Start typing and press Enter to search

Putting off planning your estate?

Don’t know where to start?

This simple-yet-comprehensive guide provides everything you need to know (in plain English).

Get the Book

Harry Margolis book: The Baby Boomers Guide to Estate Planning

Read Sample Chapters

Putting off planning your estate?

This simple-yet-comprehensive guide provides everything you need to know (in plain English).

Harry Margolis book: The Baby Boomers Guide to Estate Planning

Get the Book

Read Sample Chapters

subscribe