25 Aug We just found money. Is it subject to Medicaid recovery?
Medicaid is required to recover funds from the estate of someone who received benefits....
24 Aug Why won’t this bank release my inherited funds?
A financial institution will in some cases freeze half of an account’s funds....
20 Aug How do I get ownership of this home if my brother dies?
Unlike a spouse, children have no right to inherit....
16 Aug What happens to tax on a home sold from a trust?
Trusts have a higher tax rate than most individual taxpayers. ...
12 Aug What happens to this IRS debt when a person dies?
If the deceased died with no assets, then the IRS is out of luck,...
06 Aug What happens to taxes and payouts with an IRA in a trust?
The SECURE Act changes how IRA distributions are made. ...
04 Aug Are my husband’s kids from another marriage due assets when he dies?
Some assets are distributed by beneficiary designation, but not all. ...
03 Aug I never reported Mom’s death to the IRS and Social Security. What now?
The executor or administrator is responsible for filing tax returns. ...
02 Aug What makes a power of attorney legal in N.J.?
If you don't properly execute the document, there could be trouble down the road....
30 Jul What happens to my daughter’s Medicaid if I leave her my home?
It will depend on the Medicaid program and what she does with the house. ...