Showing posts with label life estate. Show all posts
Showing posts with label life estate. Show all posts
Friday, May 9, 2025

Dangers of Incomplete and Last-Minute Estate Planning: A Mississippi Case Study

›
Estate planning is often delayed until the last possible moment, frequently done on an ad hoc basis- addressing issues as they arise withou...
Wednesday, September 29, 2021

Scrivener’s Error and Limited Power of Appointment Do Not Make Property Available to State to Recoup Medicaid Benefits

›
A recent Massachusetts land court ruling is instructive regarding the extent to which states will go in attempting to collect resources for ...
Thursday, October 1, 2020

Trustee Authority to Sell Trust Property to Pay for Settlor’s Long-Term Care Costs

›
Reversing a lower court, Wyoming’s highest court has ruled that a trustee has authority to sell property in the trust to pay for the settlor...
Wednesday, June 8, 2016

In Ohio a Medicaid Lien Can Be Placed Against a Life Estate to Real Property Even After the Death of the Medicaid Recipient

›
An Ohio appeals court recently ruled that a deceased Medicaid recipient's life estate does not extinguish at death for the purposes o...
Monday, March 30, 2015

Life Estate Renders Medicaid Applicant Ineligible

›
Life estates are frequently used by seniors to gift real property to family members because the seniors are assured that the retained lif...
Monday, September 8, 2014

Six Questions to Ask Before Making Gifts

›
Many seniors consider transferring assets for estate and long-term care planning purposes, or just to help out children and grandchildren. G...
Saturday, August 16, 2014

Entire Value of Property in Which Medicaid Recipient Had Life Estate is Recoverable in Idaho

›
The Idaho Supreme Court has ruled that the state may recover Medicaid benefits from the entire value of a property that a Medicaid recipi...