November 20, 2015Asset Protection, Transfer of Assets 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, 2014Reverse 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...
February 7, 2014Gifting, Short QA 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, 2013Estate 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, 2013Trusts 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, 2013Estate Administration, Trusts Trust Basics: by Scott A. Makuakane, Esq., CFP (trustmaker) Trust Basics A trust is the legal relationship that is created when a person transfers “stuff” to a trustee with...