I know a senior who gave one child temporary pow this child wiped him clean took the home title, bank accts, investments, cd's insurance benefits. It was a massive battle getting it back
Go Lsu thanks for sharing, i going through this now or for the last 6 months, got a family member that didn’t what to sign anything so now have to wait, it’s Arkansas and there laws are different thanks again for your time
Great video question if you have a living trust and you are incapacitated and you do have I guess called an executor to the trust and they could turn around and sell property and manager estate, is it possible that that second person in the trust can sell property even if you are capable and not ill I can handle your property and sell it underneath you sort of say . So how do I protect myself if I have a trust and I have a executor to my trust not sell assets from underneath me? Thank you
Hey Paul, thanks for your channel. You relay a lot of great info but nothing has really hit the nail on the head for me yet. I'm having trouble finding answers and help in understanding my situation. I'm the beneficiary of a trust left by my Father. He left the lawyer in control and the trust pays out $5000.00 once a year. What are my rights and or options when I don't know what might be happening with the fund. I know you're going to say I should first have representation but I simply haven't the resources to do so. Or would they take payment from the Trust? Also, what kind of information can I personally ask for? Thanks again for what you do here!
My step sister got power of attorney from my mother after she was diagnosed with severe dementia. She also got a health care surrogate from my mother's doctor. This was in Florida. She then put my mother in a nursing home. When I attempted to take my mother out of the nursing home to live with me, I was told I had no right and would need power of attorney. Is this legal? Can a person with dementia be capable of choosing a power of attorney if they are incapacitated?
I think that's terrible and I really think they're need to be more secure login play to think about making somebody not just a a commodity because of course that are sing home doesn't want to lose the money I suppose and then you know it's like shouldn't each person you know if your legally her child and why can they want child overstep the boundaries of another child it's is it doesn't seem right seems like they're should be more laws in place to protect the right of all involve because after all that's your mother just as much as it's someone else's mother so it's is it's a Harbor all the I'm sorry you're going through that
Perhaps I missed it. Wouldn't/Shouldn't the Trust require that the Successor Trustee obtain a written statement from the Trustee's primary physician that he, the Trustee, is incapacitated and unable to handle his financial affairs?
Upon the death of the trust owner, the trustee distributes the assets according to the trust instrument. Of course, probate is avoided, However, do the recipients of the trust assets have to pay state inheritance tax in those states that have such a tax?
We can help you because we have a national network of estate attorneys who participate along with me to ensure state compliance. Click the following to get started: aeplaw.cliogrow.com/intake/7176090c4db516b907aa7ed491d9a8de
Thank you for this. Hoping you can answer a question. I’m 53, never married, no kids. I set up a trust over 10 years ago for which my little sister is executor. The attorney filed it in LA County CA. But my parents are assigned to my health directive. DNR etc. They are now in their 90s and fragile I don’t want them to make such decisions. Do I need to get an attorney to refile a new health directive (not sure if correct term) or would it be sufficient to put my sister’s name on what I file with my medical insurance company? Big ask, I know, but I just don’t know how legal this medical care stuff needs to be.
Personally I’d get a new health directive written up by an attorney. I had to watch my grandmother die in trauma care over 5 days time because hers was not properly updated. Also, all family members need to be prepared for how you want things at the end, so they don’t argue as we had, it was torture
Also, the person you give the health decisions to needs a hard copy in their possession, probably needs to be notarized. I had not heard of it needing to be on file with your health insurance
I had a very good friend we were friends for years if he needed a loaf bread I would make sure he got it he loved me so much he lived alone I did a lot for him anyone who would meet him his conversation would have me in it he met my daughter and husband and grand children he adored them when he got sick last year and before he died he told my daughter he didn't know what is life would be without me and he gave his nephew power of attorney and his lawyer order for money for me he wanted it a surprise his neice I have been calling his attorney the same never met his nephew only the sister his neice it one year the ending of this month and the refuse to call me can I get your help
HELLO, CONCERNED ABOUT QUESTION WHERE TO BEGINS, MARRIED THEN RECENT BY YOURSELF IN HOUSE , HUSBAND DIED, HAVE HOME BOTH NAMES ON IT, ONLY HOUSE MY ISSUE BECAUSE HE OWED HOSPITAL MEDICAL BILLS.. I AM SEEK AN ANSWER TO THIS SIR. CAN YOU GIVE HEARTILY ADVICE WITH MY SITUATION. THANK YOU .... GOD BLESSED YOU. HOPE YOU GIVE ME GREAT HELP. GOD BLESS YOU AND YOUR FAMILY. THANK YOU FOR YOUR TIME.
I know a senior who gave one child temporary pow this child wiped him clean took the home title, bank accts, investments, cd's insurance benefits. It was a massive battle getting it back
😢
Thank you! For caring for us! Blessings to you❤
Thanks you! I doing my trust now! I always heard this power of attorney!
Go Lsu thanks for sharing, i going through this now or for the last 6 months, got a family member that didn’t what to sign anything so now have to wait, it’s Arkansas and there laws are different thanks again for your time
Great information. Thanks.
What is the difference between a revocable and irrevocable living trust?
Great video question if you have a living trust and you are incapacitated and you do have I guess called an executor to the trust and they could turn around and sell property and manager estate, is it possible that that second person in the trust can sell property even if you are capable and not ill I can handle your property and sell it underneath you sort of say . So how do I protect myself if I have a trust and I have a executor to my trust not sell assets from underneath me? Thank you
Hey Paul, thanks for your channel. You relay a lot of great info but nothing has really hit the nail on the head for me yet. I'm having trouble finding answers and help in understanding my situation. I'm the beneficiary of a trust left by my Father. He left the lawyer in control and the trust pays out $5000.00 once a year. What are my rights and or options when I don't know what might be happening with the fund. I know you're going to say I should first have representation but I simply haven't the resources to do so. Or would they take payment from the Trust? Also, what kind of information can I personally ask for? Thanks again for what you do here!
Could you give me any information on a cortisol for Pennsylvania please
What about the irrevocable living trust in these same circumstances?
My step sister got power of attorney from my mother after she was diagnosed with severe dementia. She also got a health care surrogate from my mother's doctor. This was in Florida. She then put my mother in a nursing home. When I attempted to take my mother out of the nursing home to live with me, I was told I had no right and would need power of attorney. Is this legal? Can a person with dementia be capable of choosing a power of attorney if they are incapacitated?
I think that's terrible and I really think they're need to be more secure login play to think about making somebody not just a a commodity because of course that are sing home doesn't want to lose the money I suppose and then you know it's like shouldn't each person you know if your legally her child and why can they want child overstep the boundaries of another child it's is it doesn't seem right seems like they're should be more laws in place to protect the right of all involve because after all that's your mother just as much as it's someone else's mother so it's is it's a Harbor all the I'm sorry you're going through that
Perhaps I missed it. Wouldn't/Shouldn't the Trust require that the Successor Trustee obtain a written statement from the Trustee's primary physician that he, the Trustee, is incapacitated and unable to handle his financial affairs?
Upon the death of the trust owner, the trustee distributes the assets according to the trust instrument. Of course, probate is avoided, However, do the recipients of the trust assets have to pay state inheritance tax in those states that have such a tax?
Paul, are you licensed in NJ?
We can help you because we have a national network of estate attorneys who participate along with me to ensure state compliance. Click the following to get started: aeplaw.cliogrow.com/intake/7176090c4db516b907aa7ed491d9a8de
Thank you for this. Hoping you can answer a question. I’m 53, never married, no kids. I set up a trust over 10 years ago for which my little sister is executor. The attorney filed it in LA County CA. But my parents are assigned to my health directive. DNR etc. They are now in their 90s and fragile I don’t want them to make such decisions. Do I need to get an attorney to refile a new health directive (not sure if correct term) or would it be sufficient to put my sister’s name on what I file with my medical insurance company? Big ask, I know, but I just don’t know how legal this medical care stuff needs to be.
Personally I’d get a new health directive written up by an attorney. I had to watch my grandmother die in trauma care over 5 days time because hers was not properly updated. Also, all family members need to be prepared for how you want things at the end, so they don’t argue as we had, it was torture
Also, the person you give the health decisions to needs a hard copy in their possession, probably needs to be notarized. I had not heard of it needing to be on file with your health insurance
@@aurora571000 Thank you so much! My instinct was to refile and share hard copies but I’m lazy and was hoping for an easier route! 😀
I had a very good friend we were friends for years if he needed a loaf bread I would make sure he got it he loved me so much he lived alone I did a lot for him anyone who would meet him his conversation would have me in it he met my daughter and husband and grand children he adored them when he got sick last year and before he died he told my daughter he didn't know what is life would be without me and he gave his nephew power of attorney and his lawyer order for money for me he wanted it a surprise his neice I have been calling his attorney the same never met his nephew only the sister his neice it one year the ending of this month and the refuse to call me can I get your help
HELLO, CONCERNED ABOUT QUESTION WHERE TO BEGINS, MARRIED THEN RECENT BY YOURSELF IN HOUSE , HUSBAND DIED, HAVE HOME BOTH NAMES ON IT, ONLY HOUSE MY ISSUE BECAUSE HE OWED HOSPITAL MEDICAL BILLS.. I AM SEEK AN ANSWER TO THIS SIR. CAN YOU GIVE HEARTILY ADVICE WITH MY SITUATION. THANK YOU .... GOD BLESSED YOU. HOPE YOU GIVE ME GREAT HELP. GOD BLESS YOU AND YOUR FAMILY. THANK YOU FOR YOUR TIME.
Bull 🐂 snicky how they tricked me