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We have a ITF account. It lists my name and my brothers name
We have a ITF account.It lists my name and my brothers name on it.Below our names it says ITF my mothers nameThe address on it is my address.Does my mother need to report this money to medicaid its "I… read more
Attyadvisor
Attyadvisor
Doctoral Degree
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Can medicare recover assets from my mother or her estate or
Can medicare recover assets from my mother or her estate or a trust ? She is 70 and will be transferring her assets of real estate and cash into an irrevocable trust before she applies for medicare. I… read more
Barrister
Barrister
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Doctoral Degree
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If my mom creates a estate trust, can she protect her home
If my mom creates a estate trust, can she protect her home from being collected upon once she dies from medicare/ medical… read more
Barrister
Barrister
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Doctoral Degree
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My 87 y/o mother entered a nursing home under hospice care,
My 87 y/o mother entered a nursing home under hospice care, she is bed ridden and needs continued care. If she lives longer, she will need to apply for Medicaid. I have been taking care of all of her … read more
RayAnswers
RayAnswers
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57,368 satisfied customers
Would it make sense to set up a disability annuity retired
Hello, would it make sense to set up a disability annuity for a retired senior with cancer and other health issues and very few assets who is about to sell her condo and move to assisted living? How d… read more
Christopher B, Esq.
Christopher B, Esq.
Attorney
Juris Doctor
6,360 satisfied customers
Regarding an annuity with 3 children as equal beneficiaries.
Regarding an annuity with 3 children as equal beneficiaries. One is disabled. Can 1/3 of the annuity be put into a Special Needs trust for the disabled child or would it have to be cashed out first an… read more
RayAnswers
RayAnswers
Attorney
Doctoral Degree
57,368 satisfied customers
I messed up in my description of the question above. My parents
I messed up in my description of the question above. My parents house was already transferred to me, my brother and in trust to my sister. Can we/my parents undue the transfer to my sister's trust? No… read more
RayAnswers
RayAnswers
Attorney
Doctoral Degree
57,368 satisfied customers
Kimberly again. can you tell me about revocable trusts? If
Kimberly again. can you tell me about revocable trusts? If my mother puts her assets into a revocable trust, does she have access to those assets to do as she pleases? (Like gifting) or would the same… read more
INFOLAWYER
INFOLAWYER
Partner
Doctoral Degree
69,177 satisfied customers
The will states a trust must be set up for the sister because
The will states a trust must be set up for the sister because she is financially irresponsible (57 yo female). However all 3 siblings (one of which is the executor) do not want to do this and want to … read more
Ely
Ely
Counselor at Law
Juris Doctor
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This is question on an irrevocable trust to be set up for my
This is question on an irrevocable trust to be set up for my husband's brother who is indigent. The indigent brother is living in house purchased by the parents for their son. The current thought is t… read more
RayAnswers
RayAnswers
Attorney
Doctoral Degree
57,368 satisfied customers
Hi, two questions about New York wills:() Is it mandated
Hi, two questions about New York wills: () Is it mandated by NYS law that one's inheritance goes into a trust if they're on a health insurance financial assistance program? It's noted on the will to b… read more
RayAnswers
RayAnswers
Attorney
Doctoral Degree
57,368 satisfied customers
No, I really just gave up and I have not yet given you a rating.
No, I really just gave up and I have not yet given you a rating. I wanted to know what the process is to go in front of a judge to get the approval if I fill out the special needs trust form myself. I… read more
Attorney2020
Attorney2020
Lawyer
2,480 satisfied customers
I am 61 years old. I will be 62 years old December 2013. I
I am 61 years old. I will be 62 years old December 2013. I live in NEW YORK CITY. I receive SSI each month which totals about $ 717.00, i would receive about $817.00 per month but 10% is deducted each… read more
INFOLAWYER
INFOLAWYER
Partner
Doctoral Degree
69,177 satisfied customers
I need to set up a special needs trust for my mother in law.
I need to set up a special needs trust for my mother in law. She is 60 and get SSI and Medicaid. My father in law also Gets SSI and Medicaid. She is the beneficiary of $75,000 from an annuity that her… read more
lwpat
lwpat
Doctoral Degree
6,615 satisfied customers
My mother just had a pretty massive stroke. She will require
My mother just had a pretty massive stroke. She will require 24X7 round the clock support. She and my dad had revocable living trusts made in the early 1990s. My Dad died in 1996 and his trust changed… read more
Barrister
Barrister
Attorney
Doctoral Degree
6,741 satisfied customers
I have a client who brought in his aunt. She is applying for
I have a client who brought in his aunt. She is applying for Medicaid on 11/1 and has an annuity that she purchased in August, 2009 (I do not think he is on the annuity) and wants to put it in a trust… read more
Alexia Esq.
Alexia Esq.
Managing Lawyer/Advocate
Doctoral Degree
10,115 satisfied customers
My father was going over his will with us this week during
My father was going over his will with us this week during a visit to Montana. He is leaving a condo to my brother who is on S.S. disability and Medicare with an AARP supplemental medical. My brother … read more
lwpat
lwpat
Doctoral Degree
6,615 satisfied customers
We are trying to help plan for my mother to qualify for ...
We are trying to help plan for my mother to qualify for Medicaid. Is there a inexpensive way to set up a Life Estate for her house that would meet the same objective at a Medicaid trust? I know a simp… read more
dkennedy
dkennedy
Attorney
Juris Doctorate
3,122 satisfied customers

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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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