HOW DOES MEDICAID REGARD JOINT OWNERSHIP OF BANK ACCOUNTS?

When families meet with our Elder Law Attorneys, they sometimes ask if The Department of Children & Families (DCF) will regard some of the funds in a joint bank account as belonging to the family member and not the Medicaid applicant. On the surface it seems to make sense, but logic does not always translate [...]

By | July 23rd, 2014|Medicaid|0 Comments

Estate and Elder Law Planning Using Lady Bird Deeds – Part 2 General Discussion

A Lady Bird Deed is a life estate deed which reserves the right in the life tenant to divest the remainderman of his or her interest by conveying title to a third party without joinder of the remainderman. A Lady Bird Deed can be created by the owner or by a third party by reservation [...]

By | July 17th, 2014|Lady Bird Deed|0 Comments