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If neither power of attorney has been revoked, either by a separate “revocation of power of attorney” form or through language in the new power of attorney, then both powers of attorney may be [...]

The answer depends on the circumstances. The husband could definitely have transferred his interest in the condo to his wife and she would have received all of the proceeds without problem. But [...]

We cannot answer all of these questions from afar, but in general if your father-in-law is competent, he can do what he wants with his money, just like you or any other adult. If he is not [...]

We cannot answer all of these questions from afar, but in general if your father-in-law is competent, he can do what he wants with his money, just like you or any other adult. If he is not [...]

If you have transferred assets without receiving fair value in return within five years of applying for Medicaid, you may be subject to a penalty period. If the money you received from the [...]

While collecting Social Security benefits may seem straightforward, there are actually several strategies for collecting benefits — especially if you are married — that can increase [...]

For a variety of reasons, people sometimes want some or all of their assets to pass directly to specific individuals upon their deaths, outside of probate. One way to accomplish this is to set up [...]

Whether a state can recover assets that were transferred before the Medicaid recipient’s death depends in part on the laws of your state. Some states have the right to recover funds only [...]

As soon as your father-in-law passed away, the power of attorney was no longer valid. If your husband doesn’t have a power of attorney for his mother, you may need to pursue a guardianship [...]

The Medicaid exception refers to a transfer to a special needs trust (also called supplemental needs trust). Even after moving to a nursing home, if you have a child, other relative, or even a [...]