A power of attorney is an overlooked and under-loved document . . . with all the potential of saving your posterior and avoiding a Class A Mess-up! Even if you DO have a power of attorney it may not have what it takes to avoid the Unpleasantness I just referred … Continue Reading
As I have previously written, Medicaid does not pay for assisted level of care. If you can qualify, the program is called Special Assistance, and it will help with the cost of an assisted living facility. But it is NOT Medicaid.
One of the main differences is an unforgiving … Continue Reading
Today, I'm thinking of the 34 year-long veterans' parade held in my conference room.
First, if you’re a veteran, thank you for stepping up. Most of what you did was certainly not glamorous. Occasionally very dangerous and often very boring. But someone had to do it, and you … Continue Reading
In the last article, we looked at the general characteristics of various ways of owning real property, namely: fee simple, tenancy in common, joint tenancy with rights of survivorship, and life estates. I have “hotlinked” each property type so you can go back for a … Continue Reading
Understanding different ways of owning real estate is important because the way real property is titled influences Medicaid results, taxes, and probate avoidance. You may need to lockdown Medicaid, and you certainly don’t want to lose your house and land in the process. And, of … Continue Reading