When settling the affairs of your loved ones that have passed, great care needs to be taken to insure that all aspects of the estate are handled properly from opening probate to the final settlement and probate closing. We will always strive to meet every need of our clients' estate settlements, we have developed a strong team to get the job done in a quick and efficient manner.
But, what about a loved one that must be put into a nursing home, long term care or hospice? What needs to be done then to protect the assets of the loved one from falling into the hands of the facility. It is of critical importance that you have the assets of your loved properly placed-via deed, title, ownership or disbursement records-so that all assests will not be granted completely to the nursing facility.
I am not an attorney, so I will not try to tell you how all of this has to be done, but I can tell you that many times-under new laws-that the family is still entitled to a portion of the assets instead of having to sign everything over to medicaid!
You must get strong legal advice-even if your loved one is already in a nursing home-because you may be entitled to receive a portion of the estate before any assets are liquidated to pay the facility care. I highly advise that you get legal counsel in the area of Elder Law before assigning any asset to a facility.
In Maryland, I can Confidently recommend Michael Hodes of Hodes, Pessin & Katz, P.A. After just a few minutes, you will understand how valuable a resource he is concerning any area of elder law!
After your discussion, then pick up the phone and call Steve 443-912-4866 to insure that the entire process can be handled flawlessly when it comes to the sale of the real estate.