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Probate - 417 Elder Law
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Nursing Home Planning or Long-Term Care Planning. Business & Real Estate. A probate estate can be filed with the court whether the deceased person had a Will or did not have a Will. If the deceased person had less than $40,000.00 in assets, a full probate estate usually is not required unless insurance proceeds or pending litigation is involved. Determining what must be filed will require an examination of all the assets, how they are owned/titled, and their value. What to do when a family member dies.
417elderlaw.com
Power of Attorney - Adult Guardianship - 417 Elder Law
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Nursing Home Planning or Long-Term Care Planning. Business & Real Estate. Guardianship and Conservatorship for Adults. How do you determine whether a person is in need of a Guardian and/or Conservator? What are the downsides to filing for Guardianship and Conservatorship? Or Contact Us Online:. Disclaimer: Use of this website does not create an attorney-client relationship. The opinions contained in this website are based exclusively on Missouri law. Sativa Boatman-Sloan, Attorney at Law.
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Special Needs Trusts - 417 Elder Law
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Nursing Home Planning or Long-Term Care Planning. Business & Real Estate. There are different types of Special Needs Trusts. The two most utilized are the Self-Settled Special Needs Trust and the Third Party Special Needs Trust, which are both versions of irrevocable trusts. Self-Settled Special Needs Trusts. Third Party Special Needs Trusts. PLEASE NOTE: Special rules apply to beneficiaries over the age of 65. Why create a Special Needs Trust? Or Contact Us Online:. Sativa Boatman-Sloan, Attorney at Law.
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Wills And Trusts - 417 Elder Law
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Nursing Home Planning or Long-Term Care Planning. Business & Real Estate. Determining what estate planning documents are needed involves far more than people usually realize. The first step is understanding the differences between Wills and Trusts. Last Will and Testament. Do you have to give your financial institution a copy of your trust? How to avoid probate. Or Contact Us Online:. Sativa Boatman-Sloan, Attorney at Law. Law Office of Sativa Boatman-Sloan, LLC. 4650 South National Bldg C4.
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Irrevocable Trust - Sativa Boatman-Sloan, Attorney at Law
http://417elderlaw.com/irrevocable-trusts
Nursing Home Planning or Long-Term Care Planning. Business & Real Estate. Additionally, Special Needs Trusts are also irrevocable trusts. They are of the type where the resources benefit the special needs or disabled person, but another party establishes the trust. Read more under the Special Needs Trusts section. Or Contact Us Online:. Disclaimer: Use of this website does not create an attorney-client relationship. The opinions contained in this website are based exclusively on Missouri law.
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Powers of Attorney - 417 Elder Law
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Nursing Home Planning or Long-Term Care Planning. Business & Real Estate. There are also special limited Powers of Attorney utilized for selling a house or for other business matters when someone will be out of town. These limited appointments usually either allow signature as to a specific transaction itself or place a restriction on the timeframe the Power of Attorney will be effective. Effectiveness of Powers of Attorney. What does it mean to be durable? Or Contact Us Online:. Springfield, MO 65810.
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Medicaid Asset Protection - 417 Elder Law
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Nursing Home Planning or Long-Term Care Planning. Business & Real Estate. Because Medicaid (MO HealthNet) has a 5-year look-back period, to protect all of your assets from being spent on nursing home care those assets would have to be transferred out of a person’s name 5 years prior to entering a nursing home. This can occur by actually gifting property and money to family members. However, an Irrevocable Medicaid Asset Protection Trust can be used instead of direct gifts. How to save the Family Farm?
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Nursing Home Planning - Sativa Boatman-Sloan - Elder Law
http://417elderlaw.com/nursing-home-planning-or-long-term-care-planning
Nursing Home Planning or Long-Term Care Planning. Business & Real Estate. Nursing Home Planning or Long-Term Care Planning. Some people want to stay at home as long as possible, and their plan may include deliberately spending their own retirement funds to pay for care. Their goal may include setting up those funds to place another person in charge of paying the bills, such as with a simple trust. They also may wish to sell off assets in order to accomplish their goal. Or Contact Us Online:.
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About - Estate Planning - Sativa Boatman-Sloan
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Nursing Home Planning or Long-Term Care Planning. Business & Real Estate. My elder law practice assists people with all phases of their life planning. It is a rewarding career and I truly enjoy resolving issues for my clients. I was born and raised in Springfield, Missouri and graduated from Glendale High School in 1989. I graduated from St. Louis University School of Law in 1996, and practiced law in St. Louis for several years before returning home to Springfield in 2004. Junior League of Springfield.
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Veteran’s Benefits - 417 Elder Law
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Nursing Home Planning or Long-Term Care Planning. Business & Real Estate. Maximum monthly amount received under Aid and Attendance pension benefit:. 1,732 – single. 2,054 – married. 1,113 – surviving spouse. Or Contact Us Online:. Disclaimer: Use of this website does not create an attorney-client relationship. The opinions contained in this website are based exclusively on Missouri law. Sativa Boatman-Sloan, Attorney at Law. Law Office of Sativa Boatman-Sloan, LLC. 4650 South National Bldg C4.