• take action: Plan Your Estate
  • Ask a Question

    Ask Harry a Question

    • This field is for validation purposes and should be left unchanged.
    Close
  • Book
  • 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
  • Book
  • Podcasts
  • Guides
  • Subscribe

    Subscribe to the Ask Harry blog

    Loading
    Close

Archives

Author Archive for: "harry"
Home /
 5 Steps to Take When Bank Won’t Honor Power of Attorney
0
By Harry Margolis
In Durable Powers of Attorney
Posted January 14, 2021

5 Steps to Take When Bank Won’t Honor Power of Attorney

Question: I have a POA that was drawn up by my brother’s attorney last month. I am trying to get access to his bank account at a credit union. The credit union has denied me any access [...]

READ MORE
 Are Family Members Overcharging for Serving as Trustees of $30 Million Trust?
0
By Harry Margolis
In Trustee
Posted January 9, 2021

Are Family Members Overcharging for Serving as Trustees of $30 Million Trust?

Question: There are 4 brother and sisters – 2 of them are the trustees of a $30 million estate. They are paying themselves $175,000 each per year, but pay others to do all the work around [...]

READ MORE
 In Massachusetts, Do We Need to Refile Our Homestead Declarations After Age 62 for Maximum Protection?
0
By Harry Margolis
In Asset Protection, Real Estate
Posted January 8, 2021

In Massachusetts, Do We Need to Refile Our Homestead Declarations After Age 62 for Maximum Protection?

Question: First of all, I love your new book! Lots of valuable info. Anyways, my wife and I live in Massachusetts and set up a Homestead Declaration in each of our names when we purchased our [...]

READ MORE
 Will Medicaid Require Beneficiary Under a Will to Receive Portion of Proceeds in Sale of Family Home?
0
By Harry Margolis
In Long-Term Care Planning, Wills
Posted December 29, 2020

Will Medicaid Require Beneficiary Under a Will to Receive Portion of Proceeds in Sale of Family Home?

Question: Is a life estate vested and effective if it’s created in a will which also requires the sale of the property (presumably terminating the life estate) and division of proceeds [...]

READ MORE
 What are the Tax Implications of having Accounts Payable to Non-U.S. Citizens?
0
By Harry Margolis
In Non-US Citizens
Posted December 29, 2020

What are the Tax Implications of having Accounts Payable to Non-U.S. Citizens?

Question: My wife and I are US citizens and are planning in case we both died at the same time. We have non-US citizen family living abroad that we want to designate as beneficiaries on our [...]

READ MORE
 What are Rules for Non-US Citizen Widow to Inherit IRA?
0
By Harry Margolis
In Non-US Citizens, Retirement Plans
Posted December 24, 2020

What are Rules for Non-US Citizen Widow to Inherit IRA?

Question: I am a non-US citizen married to a US citizen who recently died. What is the procedure for me to inherit my late husband’s IRA? I am the executor of his will, which leaves his [...]

READ MORE
 Can Medicaid Take My Dad’s House?
0
By Harry Margolis
In Long-Term Care Planning
Posted December 19, 2020

Can Medicaid Take My Dad’s House?

Question: I am power of attorney for my dad who recently passed away. I received a letter from our state Medicaid agency stating dad owes $94,000. I have been paying his house taxes and flood [...]

READ MORE
 Should QTIP Election Be Made on Massachusetts Estate Tax Return for Non-Resident Decedent with Property in Massachusetts?
0
By Harry Margolis
In Estate and Gift Taxes
Posted December 19, 2020

Should QTIP Election Be Made on Massachusetts Estate Tax Return for Non-Resident Decedent with Property in Massachusetts?

Question: I’m hoping you can explain a bit about QTIP trusts. My father passed away and his trust divides his assets between a credit shelter trust and a marital trust (mother is still [...]

READ MORE
 Do You Need to Amend Your Will to Change Executors?
0
By Harry Margolis
In Wills
Posted December 13, 2020

Do You Need to Amend Your Will to Change Executors?

Question: I am attempting to help a friend add an addendum to his will for the purpose of naming a person to dispose of his personal household contents. He has a trustee named for his trust but [...]

READ MORE
 Can Wife Transfer Interest in Florida Property to Husband and Get Medicaid Coverage in Massachusetts?
0
By Harry Margolis
In Long-Term Care Planning
Posted December 7, 2020

Can Wife Transfer Interest in Florida Property to Husband and Get Medicaid Coverage in Massachusetts?

Question: My wife will need to move to a nursing home memory care facility within 6 months. We own our home in Massachusetts and I understand as the community spouse I can stay in the home. (It [...]

READ MORE
1 2 3 4 5 6 7 8 9 ...
page 1 of 42
Categories
  • Asset Protection (32)
  • Charitable Giving (9)
  • Durable Powers of Attorney (34)
  • Estate and Gift Taxes (36)
  • Health Care Directives (12)
  • Irrevocable Trusts (6)
  • Long-Term Care Planning (135)
  • Non-Traditional Families (11)
  • Non-US Citizens (13)
  • Pets (3)
  • Practical Matters (15)
  • Probate (18)
  • Property in Other Countries (3)
  • Real Estate (29)
  • Retirement Plans (10)
  • Revocable Trusts (62)
  • Second Marriages (9)
  • Social Security (16)
  • Special Needs Planning (58)
  • Trustee (44)
  • Vacation Homes (3)
  • Wills (37)
© 2020 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

subscribe