23 Dec What can we buy for mom so she stays eligible for Medicaid?
You can't have assets of more than $2,000 to qualify for Medicaid. ...
18 Dec How can I make sure my son can stay in my house when I die?
A life estate can keep you in your home while savings taxes for your heir. ...
15 Dec Should I add my daughter’s name to my home’s deed?
There can be big ramifications for Medicaid and capital gains taxes....
10 Dec How does the inheritance tax work when there is a trust?
Rules for inherited IRAs changed significantly with the SECURE Act. ...
09 Dec My parents died. What do we do with their timeshares?
Timeshares often end up becoming expensive headaches. ...
04 Dec What happens to tax credits now that our home is in a trust?
There may be unintended consequences by putting a house in a trust. ...
03 Dec Will my niece owe inheritance tax on my N.Y.-based estate?
New Jersey can't touch assets that aren't based in the state. ...
03 Dec How can we save my mom’s money from Medicaid?
An ABLE account can preserve funds for people when they apply for Medicaid. ...
01 Dec Will this inherited house be subject to the inheritance tax?
The inheritance tax is based on the relationship of the heir to the deceased. ...
27 Nov My aunt’s estate is getting 9/11 fund check. Are taxes owed?
An estate tax return is usually due eight months after a person's death....