Question; What is a standard trust protector fee? Is it paid every year or only when the protector’s services are requested? Response: Typically, trust protectors are either family members [...]
Question: If property has a line of credit from a reverse mortgage available before being placed in an irrevocable trust, can Medicaid consider the line of credit as a countable asset while in [...]
Question: I used the newly enacted (in California) T.O.D. method of transferring the title to a property upon my expiration. I named a non-profit as the beneficiary and filed it with the county [...]
Question: My father remarried and wants to grant life estate rights to his new wife. In the event of his death, if she were to remarry, can she grant life estate rights to her new spouse? [...]
How often we should all update our estate plans always depends on the circumstances. At age 18, everyone should have a durable power of attorney, health care proxy, and HIPAA release, just in [...]
Have you ever wondered why legal documents are so long and why they contain so much gobbledygook? For instance why are wills called “Last Will and Testament” rather than simply [...]
Since the federal and state governments don’t want you to give away all your assets today and then ask for Medicaid coverage of your nursing home care the next day, most transfers are [...]