05 Dec Will a joint savings account be considered a gift?
The IRS has very specific ways to look at funds in a non-spouse joint account....
Estate Planning
04 Dec Is New York or New Jersey better for ‘death’ taxes?
If you want your heirs to keep more of your money, where you live matters. ...
04 Dec Can my dad protect these homes from Medicaid?
Certain assets can be protected from Medicaid....
25 Nov Will the state come after my money when I die?
Medicaid will do everything it can to recover assets. ...
14 Nov How can I give a money gift in secret?
There are several options if you want to give anonymously. ...
12 Nov Mom has dementia. Can I get paid to take care of her?
Medicaid will be watching if you take payments as a caregiver. ...
12 Nov What happens to a reverse mortgage with Medicaid?
Medicaid will consider all assets and try to recover funds when someone dies. ...
05 Nov What taxes are due on an inherited IRA?
The beneficiaries will pay taxes based on the state in which they live. ...