This discusses some of the pros and cons of beneficiary designations (i.e. naming an individual as a beneficiary of a retirement account, life insurance policy, bank account, etc.)
The determined efforts of a niece resulted in locating her uncle who had been abducted 73 years ago. Inheritance rights to and from him are discussed if he were a Texas resident.
Knowledge of the rules is important when completing an application for governmental assistance in paying for long-term care (i.e. nursing home and drug costs). Common mistakes (and how to avoid them) are discussed.
Some might think there is only one type of power of attorney or that all powers of attorney cover the same powers, effective date, etc. This podcast describes the difference between various powers of attorney.
Similar to tax laws which require planning pursuant to the Internal Revenue Code, planning is often required to maximize asset preservation of resources should a loved one needs long-term care for governmental assistance. This story shows an example of how issues are spotted and what can be done within the rules.
Who is in charge of your body after death (funeral, burial, and removal of the deceased's remains subsequently) depends on your planning or state law. Casey Kasem's widow has that right (to the displeasure of his children) until she dies. However, after death, his children may have rights.
Estate planning is affected by divorce. This podcast describes how Shannen Doherty's family (instead of the husband she divorced on the date of her death) benefited from her divorce.
There are 109 Medicaid programs in Texas, each has its own rules for eligibility, including income limitations. This podcast describes the income limit on certain Medicaid programs that elderly or disabled commonly seek.
Rupert Murdoch is attempting to modify his irrevocable trust by court which affects his succession planning. This podcast describes what is needed to modify an irrevocable trust.
The definition of "home" is different under Medicaid and VA rules. Eligibility is often dependent on the definition.
29 min
About Dallas Elder Law Attorney
From the publisher's feed
Michael B. Cohen is an elder law attorney whose Dallas law practice focuses on the legal needs of the disabled and elderly, including estate and Medicaid and other public benefits (such as Veterans…
benefits) planning. He is a frequent speaker on these topics.