July, 2018 | Knapp Law Firm, PC

Retirement Assets

Q. Can I pass my retirement assets by will? A. Maybe, but are you sure you want to? If you are talking about a pension probably not because it is governed by a contract and very likely federal laws. Distribution on death is limited to the choice you selected at retirement and usually further limited to a...

July 11, 2018

Linda Knapp

Permalink

Elder Law and Estate Planning

IRA Trusts

No comments

33771

Mistakes in Wills

Q. What mistakes should a person avoid when doing a will? A. I have chosen the five[i] following mistakes to avoid. NOT HAVING A WILL IN THE FIRST PLACE IS A BIG MISTAKE PEOPLE MAKE. They think they have nothing worth addressing and so they don’t make a will. Or they might believe some bad...

July 11, 2018

Linda Knapp

Permalink

Elder Law and Estate Planning

Wills

No comments

1244

Medicaid Application Self Help

Q. Should I complete a Medicaid application for my Mother on my own? A. It depends. • How organized and knowledgeable are you of Mom’s financial situation for the past five years? • How old is your Mother and are you seeking community long term care (care in the applicant’s home) or nursing home care? • Would you consider...

July 11, 2018

Linda Knapp

Permalink

Elder Law and Estate Planning

Medicaid Applications

No comments

721

Fraudulent Transfers

Q. My mother has some fault in a small car accident. I’m concerned that she doesn’t have enough car insurance and think she should place her life savings beyond the reach of a lawsuit. Your thoughts? A. Your Mother’s insurance agent can best advise on whether she needs additional coverage. As a general rule the minimum...

July 11, 2018

Linda Knapp

Permalink

Elder Law and Estate Planning

Asset Protection, Fraudulent Transfers

No comments

769

Monthly Archives: July 2018

Retirement Assets

Mistakes in Wills

Medicaid Application Self Help

Fraudulent Transfers

Recent Posts

Categories

Archives

More Articles

Can private school tuition be covered in a divorce action?

My husband and I gave some of our land to build a home and recently loaned money to pay off our son’s mortgage.

I have a grandson that stands to inherit a lot of money by the time he turns 18.

Monthly Archives: July 2018

Recent Posts

Categories

Archives

More Articles

Can private school tuition be covered in a divorce action?

My husband and I gave some of our land to build a home and recently loaned money to pay off our son’s mortgage.

I have a grandson that stands to inherit a lot of money by the time he turns 18.

Popular Tags