Elder Law Answers
If I create a living trust, should I reassign the ownership of my life insurance policies to the living trust? I think I need to at least change the beneficiaries of the life insurance policies to the living trust, right? ...
Read moreMy mother is 90 years old and owns a house with no mortgage. Seven years ago she had trouble keeping up with taxes, so she added her daughter and her daughter’s husband to the deed. They paid the taxes with...
Read moreBefore she died, our mother put her house in the name of her six children. No money was transferred. After she died, the children sold the house for $70,000 and each received one-sixth of the proceeds after the sale expenses.
Read moreWhat can I do if I believe that my brother used undue influence on our 95-year-old mother to get her to amend her trust? He took her to a lawyer to change the original trust, which split everything evenly between...
Read moreWhat subjects in a will are interchangeable among all states? Is guardianship the same no matter where you live? How about real estate? If I move frequently due to my company, is there anything in my will I know will...
Read moreIf the creator of a revocable trust wants to make a beneficiary a co-trustee and make the current successor trustee a beneficiary, does she have an obligation to inform the current trustee of the change? Simply, can the trust's creator...
Read moreI understand that it is a good idea to execute a new power of attorney document if an individual moves to a new state. But what if the person who signed the original POA is mentally incapacitated when the move...
Read moreMy mother is 81 and was diagnosed with mild dementia. She has named my brother and me as co-agents under a durable power of attorney. I will be the one to move in with my mom as her dementia gets...
Read moreIf a property appraisal was never obtained when a parent died (2016), how can we determine the cost basis in order to calculate the capital gains taxes? Four siblings inherited the home and plan to sell it.
Read moreAsk us a question and we'll respond if possible. We receive a large number of questions and are unable to answer every one. But if you don't hear back, many questions, particularly those involving Medicaid law, are best answered by a local elder law attorney. To find a qualified elder law attorney near you, click here.
