Monthly Archives: February 2019

Home » Archives for February 2019

Special Assistance and Long-Term Care Medicaid… Different Rules and Asset Protection

February 26th, 2019 (No Comments)

I’m Greg McIntyre of McIntyre Elder Law helping seniors protect their assets and legacies. Today we are going to discuss Special Assistance and Long-Term Care Medicaid. This is for people who are being hurt by long-term care payments, including nursing home and assisted living care payments. These payments might be draining your bank account rapidly […]

How to Keep Heirs from Challenging Your Will

February 24th, 2019 (No Comments)

I. Introduction One of the downsides of passing your property through your will is that the probate process can be tied up in litigation. Anyone who followed the Anna Nicole Smith case (following death of billionaire husband J. Howard Marshall) knows that this probate litigation can be a long drawn out process. Even if you […]

How Does Your Immigration Status Affect Your Medicaid Eligibility?

February 23rd, 2019 (No Comments)

Introduction  Medicaid is a form of socialized healthcare. Everyone who earns a living is required to pay into the program, and everyone who pays in is potentially a beneficiary of the program. However, there are strict eligibility requirements to become qualified for Medicaid. This makes sense because the program exists to help pay the cost […]

HOW TO AVOID THE MEDICAID DEATH PENALTY

February 23rd, 2019 (No Comments)

Introduction  The Medicaid program is something you’ve paid for your whole life. Much like Social Security, you pay into Medicaid with each paycheck. However, unlike Social Security, even though you’ve paid in, you’re not entitled to recoup your money unless you meet the income and asset thresholds. In that way, Medicaid is rather restrictive. Thankfully, […]

WILL YOU HAVE TO PAY YOUR SPOUSE’S MEDICAL BILLS?

February 23rd, 2019 (No Comments)

Generally, if one spouse passes away, the other spouse is not personally liable for their debts. If the deceased spouse’s creditors want to recover, they must make claims against the estate. If there is enough money in the estate, they will be able to recover the full debt. If there is not enough money in […]

WHAT HAPPENS IF YOU CAN’T FIND THE WILL?

February 23rd, 2019 (No Comments)

To probate an estate in North Carolina, the Clerk of Court requires that the original copy of the will be filed. But important documents get lost all of the time. Wills can easily be lost in a move, destroyed in a casualty event (e.g. flood, fire, hurricane), or simply misplaced. So, what happens if your […]

Can you disinherit your spouse?

February 23rd, 2019 (No Comments)

Do you have to leave property to your spouse in your will? There are many reasons why you may not want to leave your spouse part of your estate. Maybe your wife is independently wealthy, and you have other plans for your legacy. Maybe your relationship with your husband has deteriorated but you don’t want […]

What’s Your Interest?

February 23rd, 2019 (No Comments)

Let’s say you’ve inherited real property or, maybe, you’re looking to pass along some of your own. Either way, do you know what the nature of the ownership interest is or will be? Many people who inherit property receive the property outright, meaning they’re the sole owner. But there are many ways that property interests […]

The 3 commonly held beliefs about Money, Aging and Estate Planning

February 23rd, 2019 (No Comments)

This is about the 3 most commonly held beliefs about Money, Aging and Estate Planning. I see people all the time with these beliefs. They’re in bad situations with money, estate planning and long-term care. So, what are the beliefs and realities? The first commonly held belief is: Medicare pays for Long-term care. Long-term care […]

The Simultaneous Death Act

February 23rd, 2019 (No Comments)

We attempt to provide for every contingency in a will. When we plan for the future, we contemplate our own death as well of the death of our spouse. We then try and provide for some alternatives depending on who should pass first. But what happens if both spouses pass at the same time? Many […]

Page 1 of 1212345...10...Last »
WordPress Image Lightbox
sign-up
Receive: The Elder Law Update