Last month’s article discussed a Life Estate Deed and the pros & cons of this estate planning document. This month is related, but a discussion of a different estate planning document, the Transfer on Death Deed (TOD … Read More »
Category: Asset Protection
Life Estate Deeds — Pros & Cons
A parent routinely comes in and will say: “I want to put my house into my kids’ names while I’m alive to protect it and avoid probate, but I do not want them to be able to kick me out!” There are several options in Indiana, but a Life Estate Deed is one.… Read More »
The Caregiving Crisis
I routinely have family members including spouses or concerned friends who come to us—usually regarding family or friends with declining cognitive abilities with different levels of diagnosis of dementia/Alzheimer’s disease. … Read More »
Medicaid Myth: Divorce to get Medicaid?
Frequently I have married clients who come to me who have been married for decades and one spouse is declining due to dementia or other physical and/or mental issues.
Gifting Impact on Medicaid Eligibility
Gifts are assets that are fully, or partially (typically real estate) transferred out of your name into someone else’s name. Clients come to me and explain that they want to give their assets away… Read More »