How can I make sure my son is given to the person I choose if something were to happen to me?
ADDITIONAL INFORMATION: I am a single mother. My son’s father hasn’t been in his life since he was 4 months old (he will be 6 y/o in 2 weeks). I have no idea where he is, he does not pay child support, and we were never married. If something were to ever happen to me, […]
How does a trustee add a business to a irrevocable trust?
ADDITIONAL INFORMATION: To begin I am a trustee to a irrevocable trust, which the grantor set up to transfer a couple of homes he owns. Now the trust says the trustee can buy and add property to the same trust for the benefit of the grantor. The trust grantor has come across a dirt cheap […]
Know the difference between wellness visit and physical
Confusing a wellness visit with a physical could be very costly. As part of the Affordable Care Act, Medicare beneficiaries receive a free annual wellness visit. At this visit, your doctor, nurse practitioner or physician assistant will generally: ask you to fill out a health risk assessment questionnaire; update your medical history and current prescriptions; measure […]
What to look for in a prepaid funeral plan
In addition to making things easier for your family during a difficult time, prepaid funeral plans can also be a good way to spend down money in order to qualify for Medicaid. But the plans come with risks. Consumers lose millions of dollars every year when prepaid funeral funds are misspent or misappropriated. A funeral provider […]
Understanding how assets are distributed in a will
When creating an estate plan, the main decision is how your assets will be distributed after you pass away. The terms “per stirpes” and “per capita” become important when your descendants include children and grandchildren. In a will, these terms are often written as “I leave my [fill in the blank] to my descendants, per […]
Important to know how Medicaid could treat your home
Nursing home residents do not automatically have to sell their homes in order to qualify for Medicaid, but that doesn’t mean the house is completely protected. The state will likely put a lien on the house while the resident is living and attempt to recover the property after the resident has passed away. Medicaid (known […]
Big changes come to retirement plans
The Setting Every Community Up for Retirement Enhancement (SECURE) Act changes the law surrounding retirement plans in several important ways: Stretch IRAS. The biggest change eliminates “stretch” IRAs. Under the previous law, if you named anyone other than a spouse as the beneficiary of your IRA, 401(k) or other tax-favored retirement plan, the beneficiary could […]
Can a lawyer in Georgia assist me with a partition case for a home/property located in Florida?
ADDITIONAL INFORMATION: I am 68. I built a home in Fl. in 2005 where I intended to reside with my son & his wife for the remainder of my life. Shortly after the home was completed, the relationship between myself & my daughter-in-law devolved into an untenable situation. I reluctantly moved out of the home […]
Me and my dad were caregivers to my sick grandmother and she passed.
ADDITIONAL INFORMATION: Me and my dad gave care and lived in this home for many years, she was the landlord and owned everything. She has now passed and the family wants to evict us to claim their part of the will. We are all related. We are paying the bills just fine with no problems […]
How to obtain power of attorney on a person hospital has marked incompetent.
ADDITIONAL INFORMATION: Father in-law has just been deemed in competent by the veterans hospital but has no power of attorney over his asset. His wife was able to give power of attorney on his medical aspect but it was stated that she is unable to give power of attorney over his bank accounts and other […]