Frank Grimaldi, Author at Law Office of Frank V. Grimaldi, PC

Durable Power of Attorney – Sale of Parent’s Home

February 10, 2016

Question: Can you sell a house if you have power of attorney? My mother was recently diagnosed with Alzheimer’s Dementia and has moved out of her house and into mine. I have Power of Attorney from my Mother. What should I do with my mother’s house? When we receive a question like this, the first…

License to Sell and Power of Attorney

February 10, 2016

Frank Grimaldi

Caregiver, Guardianship, Legal Documents

Question- I have Power of Attorney from my Mother and I am trying to sell her house. I have just been told I need a “License to Sell.” What does that mean and what should I do? A License to sell Real Estate is often required by the Buyer’s Lender to make sure that the…

SSI and Pooled Trusts

September 3, 2015

Frank Grimaldi

Disability Planning, Medicaid Planning, Social Security

pooled trusts, SSI

Those who collect SSI (Social Security Insurance) must meet a resource eligibility test and show less than $2,000 in resources. The purpose of SSI is to provide three things: Food, Shelter and Clothing. Under Section 1917(d)(4)(C) of the Social Security Act, a disabled person may shelter additional funds for education, vocational training, medical and dental…

Special Needs Trusts – SNT and SSI

September 3, 2015

Frank Grimaldi

Disability Planning, Social Security

SNT, Social Security Income, Special Needs Trusts, SSI

As discussed in the previous posts on SSI, individuals with disabilities who receive SSI must meet a “resource eligibility test” and show less than $2,000 in convertible resources. SSI is designed only to provide financial help for food, shelter and clothing. Anything beyond these three things is outside the scope of SSI. In order to…

Social Security Insurance – SSI and ABLE Accounts

September 3, 2015

Frank Grimaldi

Disability Planning, Social Security

ABLE Account, Social Security Income, SSI

As discussed in the previous post, individuals with disabilities who receive SSI must meet a “resource eligibility test” and show less than $2,000 in cash savings, retirement funds or other items of significant value. This resource limit has detrimental impact on an individual’s ability to work and prevents those receiving SSI from developing any kind…

Social Security Turns Eighty Years Old – A Discussion of SSI and SSDI

September 3, 2015

Frank Grimaldi

Disability Planning, Social Security

Social Security Income, SSDI, SSI

On August 14, 1935, President Franklin D. Roosevelt signed the Social Security Act, which among other things allows the Federal Government to provide financial assistance to people who because of disability are unable to work. Two of these are programs are Social Security Disability Insurance (SSDI) which is funded by social security tax revenue and…

Seated elderly mans hands being held by younger woman's hands

Extending Guardianship Authority Across State Lines

August 13, 2015

Frank Grimaldi

Guardianship

I am my mother’s legal guardian and we are moving to Massachusetts from New York– what do I need to do to make sure Massachusetts recognizes my guardianship authority? The Uniform Adult Guardianship and Protective Proceedings Jurisdiction Act “UAGPPJA” makes it significantly easier for those under guardianship, and those with guardianship authority, to be geographically…

Write a Durable Power of Attorney While You Retain Capacity

June 26, 2015

Frank Grimaldi

Estate Planning, Legal Documents

contractual capacity, Durable Power of Attorney

A previous post discussed the importance of writing a Will while testamentary capacity can still be proven. This post discusses another inexpensive estate planning document — the Durable Power of Attorney. A regular Power of Attorney gives another person (Attorney-in-Fact) authority to manage your financial affairs, but authority is automatically terminated if/when you were to…

Long Term Care Planning: Qualifying for Medicaid / MassHealth Assistance

June 10, 2015

Frank Grimaldi

Asset Protection, Estate Planning, Medicaid Planning

Frank Grimaldi Law Can Help Protect the Assets of Your Spouse or Dependents When Qualifying for Medicaid / MassHealth Assistance Whether age or illness related, an individual’s need for nursing home care is sometimes inevitable. In the Boston-Cambridge area this level of care is often cost prohibitive resulting in the need to apply for Medicaid/MassHealth…

Posts by Frank Grimaldi