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Tuesday, November 30
Use of a Life Estate Should be Rare - Part 1
by
Davidow
on Tue 30 Nov 2004 09:53 AM PST
Saving the family home from the high cost of nursing homes and other long term care expenses is high on the set of priorities of most middle-class seniors. Elder law attorneys have educated clients on the various solutions to this ... more »
Tuesday, November 23
Use of a Life Estate Should be Rare - Part 2
by
Davidow
on Tue 23 Nov 2004 09:55 AM PST
Life Estate Benefits A transfer of real property by deed with a retained life estate can protect the property from having to be consiered an available asset when seeking Medicaid coverage of long term care expenses. Subject to the look-back ... more »
Sunday, November 14
Use of a Life Estate Should be Rare - Part 3
by
Davidow
on Sun 14 Nov 2004 09:57 AM PST
SELLING THE HOUSE The problem with a life estate is that it can lead to disastrous consequences when the house is sold during the life of the life tenant.
Assuming that there is no concern with the need to obtain ... more » Sunday, November 7
Use of a Life Estate Should be Rare - Part 4
by
Davidow
on Sun 07 Nov 2004 09:59 AM PST
The Medicaid ramifications must also be considered when using a Life Estate. If the life tenant is not on Medicaid, then in the case we have been discussing in previous newsfaxes, 50 percent of the sales proceeds will be returned ... more »
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