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Question of the Week
If I am a Power of Attorney, am I legally responsible for someone’s bills?
No. When someone appoints you as his/her attorney in fact (people casually refer to their title as “power of attorney”) to handle their...

Salvatore Di Costanzo
Why is it someone with a revocable trust needs to probate their will?
This is a very common issue with revocable trusts and it results from not respecting the formalities of the trust. In order for a...

Salvatore Di Costanzo
What to do when Executor of my parent’s will is not giving me information about the assets of the estate?
Assuming by your question that you are a beneficiary of your parent’s estate, you are entitled to certain information. For instance,...

Salvatore Di Costanzo
How long is the probate process?
The answer to this question is dependent on the County you live in. Regardless, the probate process can take quite some time and delay...

Salvatore Di Costanzo
Can I appoint more than one person power of attorney?
You can appoint as many people as you wish, however there are a few things to consider about the person you appoint. First, you should...

Salvatore Di Costanzo
What is the difference between the look-back period and the penalty period for Medicaid purposes?
Often confused, the look-back period and the penalty period are two distinct concepts in Medicaid planning. It is important to...

Salvatore Di Costanzo
What happens if I set up a Medicaid Trust and go into a nursing home within five years?
Unfortunately, we cannot control if and when we may fall ill but we can be proactive to protect our financial assets by planning early....

Salvatore Di Costanzo
What is the difference between a revocable trust and an irrevocable trust?
It is worth noting at the outset that there are many types of irrevocable trusts. I think it is safe to assume that when you reference...

Salvatore Di Costanzo
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