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My husband and I are 78 years old. We have an approximate
My husband and I are 78 years old. We have an approximate total of $150,000 set aside for our retirement which at the present is sitting in an IRA, CD, Money Market, $60,000 in a fixed annuity, a chec… read more
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Can an annuities shelter savings account from Medicaid
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If one spouse has retirement funds in IRAs established prior
If one spouse has retirement funds in IRAs established prior to the marriage, are those assets at risk if the other spouse has to go into a nursing home? Assuming the spouse in the nursing home is not… read more
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About 13 years ago we bought a house and had a legal
About 13 years ago we bought a house and had a legal contract made up with our daughter and son-in-law stating that our son-in-law would make the mortgage payments and half the escrow and we paid the … read more
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I am possivly going to have to put my husband in a nursing
I am possivly going to have to put my husband in a nursing home on medicaid. I need to know what they are going to take from me other than our retirement income. We have no savings no life insurance o… read more
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Dear sir, We have the following assets, Commercial strip mall
Dear sir, We have the following assets, Commercial strip mall that we live in and is worth about 600K. I am in partnership in a small regional billboard company that nets 70K per year for each partner… read more
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I live in Texas and my husband is 16 years older than I, with
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Is there a way to protect our money that we have worked hard to save? My husband has been
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Hello, My name is Melissa & I have a brother-in-law who is
Hello, My name is Melissa & I have a brother-in-law who is 63 & disabled/retired. He has had cerebral palsy since the age of 11 yrs. He lives by himself (fairly well) but my husband & I oversee his bi… read more
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My husband and I are retired and have some property and savings.
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Hello, My husband and I are losing about 30 to 40,000 a
Hello, My husband and I are losing about 30 to 40,000 a year on a 12 unit apart. complex in Dallas that has a recourse loan, purchased in 2006. We have a few properties (rental house, 2 condos) that a… read more
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We own several rentals and retirement savings and would like
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My home is in both my name and my husbands name. He is in
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My father has just been diagnosed in the first stages of Alzheimers
My father has just been diagnosed in the first stages of Alzheimers and is also physically disabled and in a nursing home for rehab after surgery. This will carry on for 20 days with Medicare paying t… read more
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My Husband has Alzheimers he is 77 years old. The house we
My Husband has Alzheimers he is 77 years old. The house we own is in both our names. Iff he has to go in a Nursing Home Iknow they would take his pension money and probably his Social Security. I woul… read more
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Before my father in law died, he told us he was leaving some
Before my father in law died, he told us he was leaving some money for my husband, not to let his older sister take it. He left an account with saving bonds which is in the name of his wife(he was a r… read more
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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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