Another common question for estate planning attorneys is whether a Living Trust or Family Trust might be used to avoid a Medicaid lien? In other words, if a person puts his or her assets into a trust and then needs to enter an assisted living facility, will the assets in that trust be subject to [...]
Archive for the ‘Uncategorized’ Category
Barry Peters: Use Trust to Limit Medicaid Lien
Friday, July 15th, 2011BARRY PETERS, ID Atty: When Probate Required
Friday, July 8th, 2011The good news is that, under Idaho law, probate is only required under two circumstances. The bad news is that most people fall into one or both of those circumstances. Probate is legally required every time a person passes away who either (1) owned at least one piece of real estate at the time of [...]
BARRY PETERS: Atty. Explains Idaho Probate
Friday, June 24th, 2011Here are the purposes and processes for Probate in Idaho!
Idaho Attorney: Must you update trust when property bought or sold?
Friday, June 10th, 2011One concern that some people have with setting up a Living Trust or a Family Trust is whether the trust will need to be updated every time they buy or sell real estate? The short answer here in Idaho is “no.” Although your lawyer may list the specific property and other assets originally placed into [...]
Idaho Lawyer: Revoke your Power of Attorney?
Friday, May 27th, 2011If you’ve wondered about setting up a Power of Attorney in Idaho, but are concerned about what will happen if your agent tries to overrule your wishes, you’re not alone. Fortunately, this is normally not a serious problem. So long as you are mentally competent, you always have the right to revoke any Power of [...]
Idaho Attorney vs. Legal Zoom on Living Trusts
Friday, May 20th, 2011Why risk your hard-earned assets on a cookie-cutter on-line estate plan?
Cost of Idaho Probate? Eagle Attorney Explains
Friday, April 22nd, 2011Probate in Idaho will typically cost between $2,000 and $5,000 including all fees and costs. There are three major factors that determine the costs in a specific instance. Whether or not the surviving family members and heirs are getting along well with each other has an impact on the costs. The better those relations, the [...]
Idaho Atty. on Registering your Will or Trust?
Saturday, April 16th, 2011Here’s why declining to register your Will or Trust may be best.
Must Out-of-State Wills & Trusts be Updated?
Thursday, April 7th, 2011A common question these days is whether a Will or Living Trust that a person had prepared in another state remains valid now that they’ve moved to Idaho. The short answer to the question is “Yes!” All states have policies of reciprocity under which each state will recognize and enforce any Will or Trust so [...]
IDAHO LAWYER: WILL CONTESTS CAN BE AVOIDED
Saturday, April 2nd, 2011Here’s how to avoid having your Will or Living Trust overturned by an Idaho judge.
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