08 Jan Will an ANCHOR benefit disqualify me from Medicaid?
Certain kinds of income are taken into account for Medicaid benefits. ...
Taxes
07 Jan What happens to Senior Freeze if I do a Roth conversion?
A one-time income boost may interfere with this property tax benefit. ...
03 Jan If I leave this house to my sister, will she owe inheritance tax?
The state's inheritance tax is based on your relationship to the person who dies....
01 Jan Can a dead person’s ANCHOR be reissued in heirs’ names?
The most recent ANCHOR benefit is for the 2021 tax year. ...
31 Dec The state doesn’t answer our calls. Can you explain the pension exclusion?
You may be able to escape state income taxes if you qualify....
30 Dec Do I lose ANCHOR and other benefits with a house in a trust?
The specifics of the trust matter so it's worth meeting with a professional....
26 Dec How can I maximize my kids’ inheritance from these IRAs?
There are strategies to use, but the IRS will want its part eventually. ...
25 Dec I own a home with a partner. Do we both full ANCHOR benefits?
The ANCHOR benefit pays up to $1,750 to homeowners and $700 for renters. ...