A Durable Power of Attorney (DPOA) is a powerful legal tool that allows you to designate someone to act on your behalf in financial and legal matters if you become incapacitated. One crucial decision to consider when creating a DPOA is whether to grant your agent the authority to change beneficiary designations...
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What is ISM?
ISM is an acronym used by the Social Security Administration which refers to "In Kind Support Maintenance", which can reduce the amount of a recipient's SSI.
Currently, the SSA considers any in-kind support and maintenance provided to an SSI recipient, such as free or reduced-cost food and housing, as...
Undue influence: what is it and what to watch out for?
Undue Influence is when someone pressures another in such a way that the person being influenced is not acting by their own free will; they are being coerced into taking a certain action. Undue influence often arises when a friend family member falls ill. For example, mom has been diagnosed with cancer...
Divorce and Social Security Benefits
Did you know that your ex-spouse can be entitled to social security benefits based on your work record?Here is a quote from the social security website: "If you are divorced, your ex-spouse can receive benefits based on your record (even if you have remarried) if:
Your marriage lasted 10...Trustee of Special Needs Trust?
What Are a Special Needs Trustee’s Record-Keeping Duties?
One of the most important roles in a special needs plan is that of trustee, the person who administers a special needs trust (SNT). Of a trustee’s many responsibilities, record-keeping is perhaps the most crucial. Because the trustee...
2021 Utah Home Equity Limits for Medicaid: How much is too much for qualification?
http://www.kathierobertslaw.com/blog
The 2021 Utah Medicaid equity limit for a home is $603,000.00. This means that if you have a home with equity greater than this amount, you may not qualify for Medicaid. However, there are exceptions to this rule:
Exceptions to the equity cap...
Newest Scams Targeting Elderly: Foreclosure Scams, We Buy Houses Scams, What to do and How to Protect Yourself
https://kathierobertslaw.com/blog/
Beware of Foreclosure Rescue Scams
Due to the pandemic, the federal government enacted legislation that stipulated that banks and financial institutions could not initiate foreclosure proceedings against individuals. That law expired on June 30, 2021. With the end of the moratorium on foreclosures, a...
Difference between Medicare and Medicaid
Medicare and Medicaid are two different government programs for healthcare. It is important to understand the difference between them. Here, we will discuss how the program benefits differ, how eligibility for each program is established, and discuss some recent news pertaining to each program.
Medicare vs. Medicaid – What...