Transfer

Blog Posts

• Blog Post - Should Family Members Who Provide Alzheimer's Care Be Paid?

  Paying family caregivers is controversial and has pitfalls to beware of if you go this route.

Questions & Answers

• Question - Will my husband's aunt's jointly owned CDs in a credit union automatically be transferred to her trust or us upon her death?

  This question has been answered by a Community Member

• Question - Can my mother help pay for her grandchildren's education and still qualify for Medicaid?

  Will a parent risk Medicaid benefits by helping with grandchildren's education? It's essential to consider whether Medicaid will be lost this way.

• Question - What's the best way to move my mom from her wheelchair into the car?

  How do you transfer someone from a wheelchair to a car? Devices can help transfer him from the wheelchair to the car, but body mechanics matter too.

• Question - Can a durable power of attorney be made irrevocable?

  Powers of attorney may be something that's even better than irrevocable: They're flexible.

• Question - How does one go about hiding assets?

  This question has been answered by a Community Member

• Question - If I have a living trust, do I also need a will?

  While it requires a little extra thought and paperwork, a simple back-up will may help prevent estate planning slip-ups.

• Question - Is a conservatorship formed in Arizona valid in Utah?

  Some states provide excellent free help and advice on guardianships and conservatorships -- perhaps taking pity on those who invest time, money, and angst in the process of securing them.

• Question - Is there a time limit on making a revocable trust before entering a nursing home?

  A revocable trust does not protect assets from consideration by Medicaid regarding eligibility for nursing home coverage.

• Question - How does property not covered by a trust get divided?

  When there is property not covered by a living trust, the law looks to other documents first to determine who is entitled to take it.

• Question - What documents does Medicaid ask for from an applicant?

  Medicaid asks applicants about all income and assets of any type, as well as support from others and any transfers of property within five years.

• Question - What's the best way to help my 250-pound father walk?

  This question has been answered by a Caring.com Expert

• Question - What is the difference between a will and a trust?

  What's the difference between a will and a trust? One of the main differences between a will and a trust is that a will must go through probate.

• Question - What are the first steps in getting my mother's home deeded to my siblings and me?

  This question has been answered by a Caring.com Expert

• Question - Can my father's house be taken to pay for long term care?

  A house transferred out of an elder's name can't be taken by Medicaid but might disqualify the elder from Medicaid nursing home coverage.

• Question - How should my father balance estate planning, tax planning, and Medicaid planning?

  This question has been answered by a Caring.com Expert

• Question - Should my mom put my sister's name on the deed to her home?

  Should my parent put my sister's name on her house deed? Putting a child's name on the house deed before death has some serious disadvantages.

• Question - Are family corporations good or bad?

  My parents set up a family corporation to pass along their assets. Is a family corporation a good way to do this and to avoid taxes?

• Question - When is the best time to sell a parent's home when they live in an assisted living facility and won't be returning?

  This question has been answered by a Caring.com Expert

• Question - What are the tax implications for the beneficiaries of my father's IRA and joint stock/mutual fund accounts when he passes away?

  This question has been answered by a Caring.com Expert

• Question - What do I need to apply for Medicaid for my mother, for whom I'm guardian?

  To apply for Medicaid, you need records of income and assets. If it's for nursing home care, you need financial transactions from the past 5 years.

• Question - Can my grandmother get a safety bath tub from Medicaid?

  Medicaid can provide special bathing equipment for someone who qualifies for home health care.

• Question - Since my parents own property in several states, how will their estate be administered?

  This question has been answered by a Caring.com Expert

• Question - What do I need to know before I sign a nursing home contract?

  This question has been answered by a Caring.com Expert

News

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