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Answers to the most commonly asked questions about The Elrod Firm
Probate
Why Should I Avoid Probate Court?
I’ve heard probate court can be a hassle, but isn’t it just part of the process after someone dies? Why should I avoid it?
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Guardianship
Guardianship vs. Power of Attorney: Which Do You Need?
My dad’s health is declining, and I’ve been told I may need to take over his affairs soon. What’s the difference between guardianship and power ...
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Estate Planning
Should I Give My Kids Access to My Bank Accounts?
My daughter thinks I should give her access to my bank accounts so she can help me if I ever need it. Is this a ...
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Estate Planning
Should You Add Your Child’s Name to Your Bank Account?
My sister says I should add my son’s name to my bank account to make things easier if something happens to me. I’m not sure ...
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Estate Planning
Should I Transfer My Home to My Kids Now?
I’ve heard it’s a good idea to transfer my house to my kids now to protect it in case I need long-term care. Is that ...
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Medicaid Benefits
If My Spouse Is in a Nursing Home, Will I Lose Everything?
My husband is moving into a nursing home, and I’m terrified I’ll lose everything paying for his care. Will Medicaid leave me with nothing?
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Medicaid Benefits
What Is a Miller Trust and When Do I Need One?
Someone told me my dad needs a Miller Trust to qualify for Medicaid because his income is too high. What is that?
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Medicaid Benefits
Will Medicaid Take My Home If I Go to a Nursing Home?
I’m worried that if I go to a nursing home, Medicaid will take my house. Is that what happens?
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Medicaid Benefits
Can I Give My House to My Kids to Qualify for Medicaid?
My neighbor said I should just deed my house to my kids to get qualified for Medicaid if I ever need it. Is that a ...
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Medicaid Benefits
Do I Have to Spend All My Money Before Qualifying for Medicaid?
I’ve heard that you have to spend all your money before Medicaid will help pay for nursing home care. Is that true?
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