Qualified income trusts (QITs) can be used to help a person qualify for Medicaid whose gross income before any deductions is above the limit to qualify for Medicaid long-term care services. The [...]
Babette Bach Esq. will be a speaker at the Florida Health Care Assoc. District VI meeting. Ms. Bach’s presentation will be on the “Unlicensed Practice of Law & Medicaid Planning” LOCATION: [...]
The Social Security Administration (SSA) announced the COLA for seniors, placing the increase at 1.7% for 2015. There’s not going to be any change in the Part B premium of $104.90 (for [...]
Do you employ private-duty caregivers in your home? On January 1, 2015, a new Final Rule issued by the United States Department of Labor will take effect concerning domestic service workers under [...]
Question: Why would someone convey property using a lady bird deed? Answer: There are multiple advantages of using a Lady Bird deed. First, the transfer of the real property occurs [...]
Question: What is a ‘Lady Bird Deed’? Answer: A Lady Bird deed, or “enhanced life estate deed,” is a method for transferring an interest in real estate. With a Lady Bird deed, the owner [...]
Question: I have just taken over my parent’s trust as the successor trustee. Do I need to apply for an EIN for the trust? Answer: It depends on whether the trust has become irrevocable. If [...]
The Sarasota Herald Tribune covered Bach & Jacobs, PA founder Babette B. Bach’s selection as a 2014 Lawyer of the Year and a Top Rated Lawyer of 2014. Babette was named a Top Rated [...]
Q: Do I need an EIN for my revocable living trust? A: No. If you created a trust, funded it with your money, and reserved the right to revoke it, then the IRS does not [...]
