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. ...
05 Nov Should a bank be the executor of my will?
There are pros and cons to having a professional as an executor. ...
01 Nov Will the IRS audit our family limited partnership?
This wealth transfer strategy is looked upon closely by the IRS. ...
31 Oct How can I avoid the inheritance tax for step-grandchildren?
New Jersey's inheritance tax is based on the deceased's relationship to the beneficiary. ...
29 Oct Can Medicaid take this life insurance policy?
Medicaid can be owed items from a person's estate after the person dies. ...
28 Oct What’s the smartest way to gift my home?
There are several gifting strategies to consider before making a move. ...
25 Oct Do I need to file a gift tax return for these gifts?
The IRS permits certain gifts to be given without a tax return filing. ...
18 Oct We’re giving our house to our son. Will this strategy work?
The idea of using gifting strategies to transfer a home to an heir. ...
17 Oct Can I change the executor of my will without a lawyer?
Even if you can do it yourself, hiring an attorney is the smarter choice. ...