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My 60!year old sister is in poor health and can no longer
My 60!year old sister is in poor health and can no longer live at home. She will need to apply for Missouri Medicaid. She has a retirement fund similar to a 401k. She is also on the deed to my sisters… read more
Robert L
Robert L
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My daughter is 43 year-old and is receiving SSDI. I have a
My daughter is 43 year-old and is receiving SSDI . I have a will drawn up many year ago delineating that portion of my asset would be used to set up a special need trust. This as I understand it is ca… read more
PaulmoJD
PaulmoJD
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I have an adult special needs child. He is on Medicaid due
I have an adult special needs child. He is on Medicaid due to his disability. Medicaid is paying for a variety of services for him. To keep him from having too many financial assets to stay on Medicai… read more
RayAnswers
RayAnswers
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My will presently has my second wife getting the use and future
My will presently has my second wife getting the use and future proceeds from the sale of my house. I want her to have the proceeds in the event she needs them for long term care. However in the event… read more
Thomas McJD
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What is the law if an irrevocable trust is set up to avoid
What is the law if an irrevocable trust is set up to avoid Medicaid recovery if you enter a nursing home after five years of establishing an irrevocable trust? What kinds of assets are allowed to be p… read more
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Regarding Medicaid planning, is the appropriate vehicle a
Regarding Medicaid planning, is the appropriate vehicle a "trust for medical needs." If the amount placed in this trust is $80,000, is it appropriate to handle the trust personally? Banks typically wa… read more
Attyadvisor
Attyadvisor
Doctoral Degree
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Are you allowed to transfer an inherited IRA into an
Are you allowed to transfer an inherited IRA into an irrevocable Medicaid Trust? My client recently inherited two IRAs from his late wife that total a little more than $300,000.00 and wants to find a … read more
Attyadvisor
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With my mothers permission, can we set up a trust account that
With my mothers permission, can we set up a trust account that would hold her assets (which would be sold) so that we could pay any medical, legal, or funeral expenses, so that if she has to enter a n… read more
PaulmoJD
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Im the legal guardian for my mentally retarded aunt who has
I'm the legal guardian for my mentally retarded aunt who has been a ward of the state all her life. Once estate administration is done, she will be receiving an inheritance. How can I protect those as… read more
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PaulmoJD
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I am looking for information regarding the establishment of
I am looking for information regarding the establishment of a special needs trust for a family member with disabilities, which includes protection of member's assets as it applies to Medicaid (NY stat… read more
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PaulmoJD
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My mother is currently in a rehab for stroke. There is a possibility
My mother is currently in a rehab for stroke. There is a possibility she will be long term care. Legally can she gift any of her money out to family members and if can can how much. Phil… read more
PaulmoJD
PaulmoJD
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mymom is not in good health she may need long term care soon
mymom is not in good health she may need long term care soon sshe has about 90,000 in annuities and home worth about 80,000. how can protect her assets… read more
Daniel Solutions
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Need help with estate planning Have 2 [email protected] Personal [email protected] Married
Need help with estate planning? Have 2 [email protected] Personal [email protected] Married with 2 adult Married Children. Future plans to run business until health issues and then rent farm, draw Social Sec… read more
Daniel P.
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My dad has Alzeimers and may need special care in the future.
My dad has Alzeimers and may need special care in the future. We have a farm that has been in the family for 150 years. What can I do to protect it from being sold off for his medical care?… read more
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What is the best way for a spouse to protect their assets, around 200,000, when one s
What is the best way for a spouse to protect their assets, around 200,000, when one spouse is in assisted living, but might have to go to a nursing home?… read more
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I am 57 and disabled and want to apply for Medicaid. If I
I am 57 and disabled and want to apply for Medicaid. If I setup a supplemental needs trust in NY does it have to include a provision that I will payback Medicaid from the trust when I die? Do all supp… read more
RayAnswers
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When an irrevocabe trust is established, how can the Grantor
When an irrevocabe trust is established, how can the Grantor still benefit from the assets of the trust if he has surrendered ownership and control of them? Thanks, Tom… read more
Thomas McJD
Thomas McJD
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diffrence between revokable and non revokable trusts
Hi my name isXXXXX needed to find out about a living trust. My dad passed away in Feb. and As I was looking through the trust it says it is revokable. Does this mean it wasn't set up correctely? He wa… 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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