Elder Law Answers
Can a DPOA change the beneficiary percentages of an inherited IRA distribution in their favor? Powers of attorney are granted specific authorities. Making changes to IRA distributions can be outlined in the document.
Read moreCan someone have a special needs trust if they don't have any disabilities? Other trust options may be more helpful depending on a person's unique situation. Without a disability, a special needs trust isn’t necessary. ...
Read moreWhat type of things does the court consider when deciding if a guardian is unfit to take care of a ward? There are many criteria to review regarding the fitness of a person seeking a guardianship role.
Read moreHow can I find out if the trustee of my family’s estate has deliberately withheld my part of the estate and why? Trustees are not allowed to conduct transactions unless they are authorized by the trust terms.
Read moreMy husband and I own our home in Illinois. We would like to have our two sons divide the sale of the house equally when we both pass on. Do we need to put our home in a trust? Other family...
Read moreMy parents have a durable power of attorney (POA) executed, but some of their financial companies are not honoring this and request their own forms to be used. These forms, however, have the statement that they "reserve the right, in...
Read moreI have a revocable trust that was made in Michigan in the year 2000. Within the trust, I have durable power of attorney over my spouse, who is suffering from dementia. I now live in another state. Is my POA...
Read moreMy sister asked me to be joint owner on her checking account. Will being a joint owner open me up to liability to pay any debts not covered by the joint account? Specifically, are my personal finances and property outside...
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