What is a life estate deed? The short answer is a life estate deed separates ownership of real property between two different parties. Often, but not always, the parties are the parents or one parent, and a child or more than one child, and sometimes grandchildren. One party gets life time use of the property and...Read more
Tag Archives: Lady Bird Deeds
- Tag Archives: "Lady Bird Deeds"
- My Mom’s power of attorney was prepared some years ago in another state. When I took a copy to her local bank it was refused. Among other things I was told it was outdated. Does Mom need to have a new one prepared?
- VA Benefits
- I am confused is there more than one kind of probate in South Carolina.
- Retirement Assets
- Mistakes in Wills
People of modest means with total assets between $25,000 to $500,000 should talk with an elder law attorney about Medicaid planning. Planning may be addressed as part of their general...
But as my largest asset I want to be sure I can leave it to my three children and avoid probate. What should I do? Individual retirement accounts or IRAs...
Generally Medicare does not cover health care, prescription drugs or dialysis when a person is traveling outside the U.S. There are a few narrow exceptions as noted below, but some...
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