Estate Planning

Under our criminal justice system, guilt must be determined “beyond a reasonable doubt” as there is a presumption of innocence. However, if a senior makes a gift within five (5) years and applies for long-term care Medicaid, there is a presumption of guilt since Medicaid...

Many people incorrectly assume that the surviving spouse will always get full title to their homestead that was bought together after the first spouse dies. In this case, the husband, who had two children from a prior relationship and four children born of his marriage...

Long-term care Medicaid helps pay for long-term care costs if certain eligibility requirements such as medical necessity, Medicaid bed availability, “countable” resources being below a $2,000 limit, restrictions on most uncompensated transfers if made within five years of application, etc., are met. In this case the...

Gloria Vanderbilt’s Will provided that her son, CNN news reporter Anderson Cooper (“Anderson Cooper 360”), will receive the residue of her estate other than her Manhattan co-op and contents therein which were bequested to another son, Charles Stokowski. Since Wills and inventory are a matter...

Many have the misconception that only the wealthy need or can use trusts for estate planning. In this case, an elderly couple has two children – one of the children has a drug problem and the other is a spendthrift and has creditor issues. The...

A California court has ruled that Elizabeth Hurley’s son, Damian, remain a beneficiary of the trust of his grandfather, Dr. Peter Bing, notwithstanding Dr. Bing’s attempt to change the terms of the trust that he established. Another grandchild, Kira Kerkorian, also benefits from this ruling.  Dr....

A court has ruled an attorney was incompetent for advising his client, who was acting as agent for his brother pursuant to a power of attorney, to transfer assets to himself notwithstanding a lack of authority. Most people think (apparently, including some attorneys) that a...

The goal of a self-proclaimed “cat lady”, who is on Medicaid, is to make sure her 14 cats are adequately cared for after her death. However, her only assets are her home, car and a small bank account. Her home and car are “non-countable” resources...

Parents own homestead as their major asset. Their health is beginning to decline, and neither of them have long-term care insurance or enough income or assets to pay for long-term care. As a result, if either of them needs long-term care, Medicaid is likely to...

On May 24, 2019, a Texas appeals court ruled that if an incapacitated Medicaid applicant does not have a guardian appointed, then the resources of the applicant should be considered unavailable for Medicaid eligibility purposes. Usually, the cost of long-term care (such as a nursing...