Last month I discussed how clients are often unpleasantly surprised to learn that having a Last Will and Testament does not negate the need for probate. Many people also incorrectly believe that the Will is KING. They think that the terms of the Will cover the distribution of ALL of their assets. This is not…
If I Transfer My Assets to My Spouse, I Can Qualify for Medicaid Because the Assets Are Not in My Name Anymore.
Clients are often unpleasantly surprised to learn that having a Last Will and Testament does not negate the need for probate. And they are sometimes annoyed when they learn that even though they are named as the Executor in a Will, that alone does not give them authority to access the decedent’s assets. Yet both of these statements are true.
MYTH 1: “Medicare Will Pay for Long-Term Care such as an Assisted Living Community or and Nursing Home.”
“Dear Joan, Thank you for your letter and the material which included original and copies of our Wills, Powers of Attorney and Health Care Instructions. The material fully fills our needs and intentions and we are very appreciative of your efforts in getting this done and are particularly appreciative of your patience in so doing. You can be assured that we would strongly recommend you to our friends should we become aware of any that have a similar need. Again, thanks and best regards, Nancy & Don.”
“My Mom and Dad hired Attorney Wilson and her firm to work with them on their estate planning, I have NEVER worked with such wonderful, caring, supportive and kind people. Not only were they professional and genuinely caring about my Mom and Dad’s complicated affairs, they traversed those complicated matters with the knowledge of seasoned professionals. Attorney Wilson and her staff were ALWAYS prompt, responded quickly to our questions and have given the advice we needed. When my Dad passed away recently, they were GREAT with helping us through the Estate process. My sister and I both agree that the best investment my parents EVER made was to work with Attorney Wilson. We would not have made it through that stressful time without them. ” Jodi W.
“Joan Reed Wilson was a pleasure to work with. Her office staff was very efficient in our selling of one home and purchase of another on the same day which went very smoothly. I would highly recommend their team! Professional, organized and a pleasure to work with. We felt as though they were our legal team looking out for our best interests and it was the first time we used them. We would definitely use them again without hesitation!” David H.