Can the Spouse of a Medicaid Recipient Keep Her Husband's Income and Spend It As She Pleases?
Suppose a husband who collects disability benefits moves into a nursing home and is approved for Medicaid. Medicaid covers...
Read moreThe creator of a revocable trust, often called the "grantor," "donor," or "trustor," can make whatever changes she wants. She does not have to tell the beneficiaries that she is changing trustees, but she does need to inform the current trustee. Otherwise, the trustee may continue acting in that role with no knowledge that she has been removed. The trust instrument may provide guidelines on how to give the notice. For instance, it may require 30 days written notice. Successor trustees do not have to be notified that they have been removed.
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Suppose a husband who collects disability benefits moves into a nursing home and is approved for Medicaid. Medicaid covers...
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I recently had my living trust updated after 20 years. Now I regret that I didn't conve...
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When one member of a couple moves to a nursing home, we expect that spouse will be the first to die, but this isn’t...
Read moreMedicaid Rules, etc