In The Legal Know: Medicaid Asset Protection Trusts

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  • Опубліковано 26 гру 2024

КОМЕНТАРІ • 9

  • @PeterJames143
    @PeterJames143 10 місяців тому +1

    wait if you get a step up in basis for the house doesn't that mean property taxes will adjust?

  • @FG-hw5ep
    @FG-hw5ep 6 місяців тому

    Can rental property be put into a medicaid asset protection trust?

  • @AlexShantyOldLawModel
    @AlexShantyOldLawModel 10 місяців тому +1

    Has this worked for anyone since 1992 when we first heard about them?

    • @PeterJames143
      @PeterJames143 10 місяців тому +1

      idk but I am aware trusts and estates attorneys still use them. Not sure which way that cuts. Sometimes people do things that don't work, sometimes people don't do things that absolutely work.

    • @AlexShantyOldLawModel
      @AlexShantyOldLawModel 8 місяців тому

      We have been taking care of our parents at home for centuries without scamming the Tax Payers. And only needed nursing home care for extreme circumstances. So our family doesn’t think this works and will hire Fiduciary Security Allied Legal Professionals who use the forgery proof permission validation ledger inheritance administrations. So no one can use a DIY legal document to steal our property and put us on the street.

    • @AlexShantyOldLawModel
      @AlexShantyOldLawModel 8 місяців тому

      @@PeterJames143Thanks for replying Trust Attorneys still use the Estate Plan even though the Inheritance Administration Fiduciary Security Allied Legal Professionals interdict DIY document thieves. Who used to steal our homes with the Estate Plan Non-Interdicted documents and put us on the street with Archaic EP DIY documents.

    • @AlexShantyOldLawModel
      @AlexShantyOldLawModel 8 місяців тому

      @@PeterJames143thanks for replying they still use the Estate Plan instead of an inheritance administration even though DIY documents are stealing Estate Plans and homes and putting vulnerable seniors and special needs children on the street. So we’re still wondering if it’s ever been successful. We’re noticing most families are able to pay a sibling to keep both home fronts going when they put their lives on hold to care for mom and pops in either of their homes. With a rare need for a short stay at a nursing home.

    • @lorenzolr2074
      @lorenzolr2074 2 місяці тому

      What happens to the house when the Medicaid recipient dies. Can Medicaid put a lien on the house?

  • @MoeEngineer
    @MoeEngineer Місяць тому

    this is not Jeanne Scully‘s best interest or wishes. She revoke her trust and POA from Dr. Robert Scully. although she loves my brother, she does not give Bobby any property. Her POA responsibility was to help her pay bills and has not been honored.
    thank you for posting, it insightful somewhat educational. Not my mother or my wishes 🙏
    although I like caregiving services and want to be close to Mom, again. My pension doesn’t seem to be enough. Sad to separate me from my mother and caused me such an expense every month visiting her. This is not working out for us and my family. We’re all hurting speak to Jeanne Scully about her wishes. She may be forgetful, but she remembers a lot and she never gave my brother any property and knows this is wrong and not her best interest because it’s hurting the family