Welcome to the February Issue of the
Texas Elder Law E-Letter

This month we are having two (2) Estate Planning Essentials Workshops in February!  The first one is on Thursday, February 1, 2024 at 10:00 a.m. until noon and the second one will be on Saturday, February 24, 2024 at 10:00 a.m. until noon.  Registration can be made by calling us at (214) 720-0102 or signing up online at www.dallaselderlawyer.com.


Attendees often ask questions about estate planning, probate, Medicaid and Veterans benefits. We proceed to answer the questions over the course of the workshop (although there will be a presentation also).


We want to give a special “thank-you” to KAAM and the Percy Fund for the additional generous contribution to our Walk Team, Michael’s Marcher’s, for the benefit of the Alzheimer’s Association.


Please note that Michael B. Cohen’s radio show on estate planning and elder law can be heard on KAAM (770 AM) on Mondays and Tuesdays at 1:00 p.m. and Saturday at 10:00 a.m. Prior shows (topics are categorized) can be heard as podcasts on SoundCloud and as indicated on our website www.dallaselderlawyer.com. Our podcasts can also be heard on Spotify and Apple Podcasts. Subscribe to be notified of future releases.


Michael B Cohen's Latest Blogs



Are Pet Trusts The “Cat’s Meow”???


Do you desire to take care of “Kitty or Fido” in the event of your death or disability?  For some, the answer is a pet trust so that there is proper care pursuant to the directions to a caregiver as in the trust.  If a pet trust is established, the trustee helps the pet caregiver pay for expenses or pays the caregiver directly if they properly take care of “Kitty” or “Fido” pursuant to your directions as set forth in the trust.






Largest Unclaimed Estate In U.S. History In Turmoil After Court’s Acceptance Of Suspicious Will Of Recluse Multi-Millionaire


The battle over the originally unclaimed estate of a recluse multi-millionaire, Joseph Stancak, was turned topsy-turvy when the court admitted a mysterious will (without determining validity of the will) seven years after Stancak’s death.




14 Exceptions To Long-Term Care Medicaid’s Transfer Penalty Rules


Since long-term care Medicaid (which helps pay for skilled nursing care and medications) is “means-tested” (assets of the applicant are reviewed to determine if there is eligibility for the government to pay), there is a 5-year “look-back” period as there is a presumption resources were purposely reduced so that the government would have to pay. The average cost of care for skilled nursing care in Texas exceeds $7,000 per month. If an uncompensated transfer is made within that look-back period, the applicant is penalized by having to private pay until the transfer penalty expires.






A Will Contest That Would Make Jerry Springer Smile


Anna, the niece and the surviving “spouse” of her uncle, attempted to probate his will in which she was the primary beneficiary. Julie, one of the 3 children of the deceased, contests the will since Texas law prohibits marriage to a niece (or to a parent, grandparent, sibling, nephew, child, uncle, aunt or first cousin) as such marriages would be considered “void”.


Michael B Cohen's
Latest Podcasts

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