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Estate Planning and Elder Law Blog

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Co-op and transferring to the kids

Victory Against Medicaid Penalty for Adults Caring for Parents at Home

Posted on: April 19, 2021 | By: David Parker, Esq.
Advocates are celebrating an important victory for individuals who provide care for their parents at home. The new decision will likely lead to a substantial expansion in the number of homes transferred to those caregivers.
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Finding a Gret Estate Planning Lawyer

Can an Attorney Help with Estate Planning?

Posted on: April 15, 2021 | By: David Parker, Esq.
Using a lawyer is always a better choice than going through the process independently.
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How Probate Court works.

Why Is Family of a Texas Governor Fighting over His Estate?

Posted on: April 14, 2021 | By: David Parker, Esq.
The Kate Marmion Charitable Foundation, an entity created to support people and programs in Uvalde and South Texas, has become ensnared in a lawsuit involving the family of the late former Gov. Dolph Briscoe Jr.
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What doesn't Medicare cover.

Lessons from Larry King’s Estate: The Importance of a Sound Estate Plan

Posted on: April 13, 2021 | By: David Parker, Esq.
The press has made much of the handwritten will that Larry King executed in the months before he died and in which he purports to change his prior will executed in 2015, to leave his estate equally between his children.
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What is a Special Needs Trust ?

How Do Special Needs Trusts Work?

Posted on: April 12, 2021 | By: David Parker, Esq.
Just as you have trust in a relationship, trusting your document and those with responsibilities in the trust are crucial to obtaining your objectives.
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Choose your fiduciary wisely.

Why Won’t IRS and Social Security Like My Power of Attorney?

Posted on: April 9, 2021 | By: David Parker, Esq.
Every estate plan should have a power of attorney, in which you give one or more people authority to act as agents on your behalf, when you aren’t able to. Every estate planner and guide to estate planning will tell you that. What few will tell you is there are at least two important instances when the power of attorney (POA) won’t be recognized and followed.
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What debts are owed when parents die?

Does My Family have to Pay My Credit Card Debt when I Die?

Posted on: April 8, 2021 | By: David Parker, Esq.
Especially with the average U.S. household having $7,027 in revolving credit card debt and Americans owing a total of $416.1 billion in credit card debt, according to a recent Nerdwallet study, some Americans will have credit card debt for the rest of their lives. However, what happens to credit card debt when you die?
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What doesn't Medicare cover.

Remind Me Why I Need to get a Will

Posted on: April 7, 2021 | By: David Parker, Esq.
A will is a legal document that allows you to decide what happens with your estate after you passed away. Unfortunately, not all people consider creating one because they think that it’s complicated and just an extra expense.
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Co-op and transferring to the kids

How Does Home Ownership Transfer after a Parent Dies?

Posted on: April 6, 2021 | By: David Parker, Esq.
My father passed away recently. How do we remove his name from the title to the home? Can we record a death certificate or have mom sign a new deed?
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Can I get less in Social Security ?

A Trust Fund can Work for ‘Regular’ People

Posted on: April 5, 2021 | By: David Parker, Esq.
When you hear the word trust fund, you might think of the uber-wealthy giving their kids a big chunk of cash on their 25th birthday. However, trust funds aren’t just for the rich.
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