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Title questions regarding ownership of real estate can be somewhat complex. You certainly would be well served by asking a lawyer to do a title search of the property to d...
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Nursing home expenses are deductible if, as generally is the case, the reason for being in the nursing home is for medical care. In that case, the entire cost of the nursi...
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Although as a joint owner of a bank account, you have full access to that account, you do not automatically have a power of attorney for your husband merely because you are...
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If your mother pays you money to act as her caretaker, this is taxable income and should be reported as income on your income tax return. It is not necessary for your moth...
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The first thing you need to do is make sure that you have the authority to act on behalf of your father. If your father executed a Durable Power of Attorney appointing you...
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Medicaid law differs significantly from state to state so it is important that you discuss this with an experienced Elder Law lawyer in your state. You have indicated that...
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You can most likely give the home to your daughter, however, you should have a lawyer review your mortgage to make sure that there is not a provision that would require the...
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As your mother's guardian, you not only have the authority to act to preserve and protect her assets, you also have the duty to do so. If there is an intermingling of thei...
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It is absolutely fine for your mother to pay rent for the right to live in your home. In instances such as this it is simpler to come up with a regular monthly amount that...
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If your aunt's total medical expenses, including any qualifying amounts that are paid to you as a caretaker exceed 7 1/2 percent of her adjusted gross income,she can deduc...
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The laws that pertain to your mother's situation vary significantly from state to state, so it is important for you to consult an elder law attorney as soon as possible. W...
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Your question is quite long, but the answer is quite simple. You are not complying with the law if you make these payments in cash without the proper deductions and report...
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If, as you indicate, title to the home was owned by you and the deceased as joint tenants, upon his passing, the full title to the home did pass to you. However, the escro...
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The essential question is whether your father was compelled to execute the new Durable Power of Attorney under duress. If your father has a lawyer, I would suggest that yo...
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If your father suffered from significant cognitive impairment at the time that he agreed to the bill, he would not be considered by the law to be of sufficiently sound mind...
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The most significant fact is that you indicated that your husband's mother not only provided him with authority to act on her behalf through a Durable Power of Attorney, bu...
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The first place to look for an answer to your question is in the specific language of the Durable Power of Attorney. It may have language that directly relates to the circ...
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Medicaid is a joint state and federal program that has rules that differ somewhat from state to state. However, the once prominent tactic of half a loaf giving to protect ...
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As the agent under a Durable Power of Attorney, you are charged with acting in the best interests of your mother under the Durable Power of Attorney. This is what is refer...
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Medicaid law differs somewhat from state to state so it is important that you consult with a lawyer in her homestate.
Although, a home is a non-countable asset when determ...
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This is a complex matter and Medicaid law does vary somewhat from state to state because it is a joint state-federal program so you should consult with an Elder Law lawyer ...
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There are two answers to your first question. Full ownership of the bonds that are in your joint names will pass to the other joint owner without having to go through prob...
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You indicate in your question that your "older sister is in charge of all his finances," but unfortunately you do not indicate the basis for her authority. She may derive ...
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There are a number of different Veterans Benefit Programs, but I will assume that your mother's ex-husbnad is seeking Veteran's Aid and Attendance Housebound Benefits. As ...
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As much as 85% of your Social Security benefits may be subject to federal income tax depending on the amount of what is called your "provisional income." Your provisional ...
