Author Law Office of Glenn A. DeigPosted on Categories Asset Protection, Long Term Care, Medicaid, Nursing Homes, Planning The difficult decision has been made to move forward with nursing home placement for your loved one. Once a suitable nursing home has been chosen based on your visitation of facilities and reviews… Read More »
Author Law Office of Glenn A. DeigPosted on Categories Estate Administration / Probate, Planning, Trust & Wills To avoid a formal estate in the Court system, before July 1, 2022, the probate estate of the decedent must have been less than $50,000 less liens, encumbrances, and funeral expenses. … Read More »
Author Law Office of Glenn A. DeigPosted on Categories Asset Protection, Long Term Care, Medicaid, Nursing Homes, Planning Several categories of Medicaid, such as the category which covers most of the cost of nursing home care and the cost of at-home care, have an asset limit to qualify for coverage.… Read More »
Author Law Office of Glenn A. DeigPosted on Categories Asset Protection, Estate Administration / Probate, Estate Planning, Planning, Real Estate 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 »
Author Law Office of Glenn A. DeigPosted on Categories Asset Protection, Estate Administration / Probate, Estate Planning, Planning, Real Estate 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 »