Elder Law

Medicaid Law

Estate, Gift and Probate Planning

The PositiveLights.org Web Site


This section of the Positive Lights web site includes links to articles, research reports and comments about a variety of legal issues that often arise in connection with the care of a disabled or incapacitated relative.

Although it seldom happens, advance preparation can simplify and alleviate many otherwise complex legal issues. The sooner these issues are resolved, the better for the care givers as well as for those in need of help.

For example, if there is no durable power of attorney or living trust (with assets), then the state probate court will assume responsibility for oversight of the disabled person's financial affairs. In many cases, even a spouse can't make financial or legal decisions on behalf of an incapacitated spouse with respect to any property that is not jointly owned or held in a living trust.

Information dealing with the financial and economic aspects of these topics is included in the ElderMoney page. Information about the tax aspects of these topics is included in the ElderTax page.

We welcome contributions of articles and research material from qualified tax professionals and we welcome questions about tax concerns for the elderly and their families. We will answer selected questions about the federal tax law for publication on this web site, but we can't provide personal advice on tax matters. 

E-Mail Inquiries should be sent to editor at positivelights.org 

 

Links

  Over 30 Medicaid Articles by Bill Hammond

  Power of Attorney

  Medical Directives

  Living Trust Benefits

  Myths of a Living Trust

  Gift Taxes

  Gifts of Long Term Gains

  Estate Taxes

  Estate Tax Introduction

  The 2001 Repeal

  Step Up in Basis

  The A/B Trust

  IRC 303 Redemption

  The Family Limited Partnership or LLC

  Valuation Discounts

  Buy-Sell Agreements

  The Private Annuity

  Charitable Trust

 

 

 

 

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