Five Issues to Consider Before You Transfer Your Home to Your Children
Five Issues To Consider When Transferring a Home To Your Children Before transferring your home to your children, there are...
May 7, 2014
Reverse Mortgages, Short QA
Reverse Mortgages, Short QA
Are There Situations to Consider Using a Reverse Mortgage?
Question: When would it make financial sense for my elderly parents to consider a reverse mortgage? Answer: Reverse mortgages can...
Reversing a Gift in Order to Qualify for Medicaid Benefits
Question: Mom gifted her home to my sister several years ago. Is there any way that this gift can be reversed...
April 26, 2013
Estate Administration
Estate Administration
The Role of Executor in Illinois
Question: "My mother died about 3 weeks ago, and I am the Executor of her estate. How should I proceed in...
January 31, 2013
Trusts
Trusts
Using A Trust to Purchase a Home vs. Renting
"My 80 year-old, widowed mother is selling her large home and plans to move into a smaller, more manageable residence. ...
January 22, 2013
Estate Administration, Trusts
Estate Administration, Trusts
Trust Basics: as explained by Scott A. Makuakane, Esq., CFP
Trust Basics A trust is the legal relationship that is created when a person transfers “stuff” to a trustee with...