Ask The Pros
Relevant answers to the most common questions about estate planning and elder law.
Medicaid Benefits
Marital Assets and Medicaid
James, My friend’s wife just had to have her husband admitted to a nursing home and she was told that she would need to spend …
Asset Protection
What If I Don’t Have a Plan?
Lindsey, if I pass away, what happens to my family if I don’t have an estate plan? – Laney Laney, Arkansas law actually does provide …
Probate
How Can We Keep This Out of Probate?
Justin, my dad recently passed away, and my mom has been hit with a surprise that we don’t know how to handle. She recently received …
Probate
What Is So Bad About Probate?
Lindsey, I keep hearing that I need a trust to avoid probate, but what exactly is probate and why is it so bad? – Jamie …
Asset Protection
Why Should My Power of Attorney be Effective Immediately
Melissa, I’ve heard that my Power of Attorney should be effective immediately – as soon as I sign it – rather than it taking effect …
Tax Considerations
Transferring The Home to My Kids
James, I know that I want my children to get the home and land when I die, so why not just give them a deed …
Tax Considerations
Taxes and Trust
Lindsey, I’m interested in a living trust, but everyone keeps telling me that a trust will make my income taxes go up. Is this true? …
Long-Term Care Planning
Can Mom Pay Me To Care For Her
Melissa, I am spending roughly 25 hours per week at my mother’s house caring for her, which means I am only able to work about …
Probate
Explain What Types of Trusts Are Out There
James, I was talking with a friend at church she and her husband just made a family Trust. Is that different from a living trust? …
Medicaid Benefits
Do We Have To Spend Down To Nothing?
Justin, Last month my mom admitted my dad to a nursing home. Medicare has been covering the charges so far, but she just got word …
