Death and the Safety Deposit Box
When the Assets of an Estate Include a Safe Deposit Box When the renter of a safe deposit box passes away, how do you gain access to the box? Before we answer that question, warning, even if you have Power of Attorney and have the keys to the box, hold off accessing it after the Read More
Three Reasons Why Giving Your House to Your Children Isn’t the Best Way to Protect It From Medicaid
You may be afraid of losing your home if you have to enter a nursing home and apply for Medicaid. While this fear is well-founded, transferring the home to your children is usually not the best way to protect it. Although you generally do not have to sell your home in order to qualify Read More
Pet Trusts
Wealthy Pets? Yes there are cats and dogs out there with more money than you. This summer it was reported in the New York Post, USA Today and other news outlets that a Bronx widow, Ellen Frey-Wouter, left her cats, Tiger and Troy, $300,000.00 of her $3 million estate. The cats were left in Read More
Qualified Income Trusts and Medicaid
What does a Qualified Income Trust do? Applying for Medicaid can be tricky and is best done by a professional. The average monthly cost for a skilled nursing facility is $8944.00 per month in Florida. Many people are applying for governmental benefits to assist with the cost. Medicaid can be the solution. If you’re Read More
Keeping Mom and Dad Safe During a Storm
Nursing Home and Assisted Living Criteria The Rehabilitation Center at Hollywood Hills has drawn lots of bad press and rightfully so. Many of people are asking themselves the question, how safe are my loved ones in that long term care community? The hurricane demolished the electrical grid, causing tens of thousands to lose power. The Read More
Preserving the Family Legacy
Save the Legacy The Doctor says that it’s that time, the time when the tables have turned and instead of mom and dad taking care of you, they need you to take care of them. Talk about stress. You want to do the right thing but, how? You have a life and children of your Read More