Estate Planning

Inheriting an IRA may seem like a good thing, but there can be tax consequences if you aren't careful.

Spouses need to be very careful or they could end up legally responsible for the cost of their husband’s of wife's nursing home care, as a recent Massachusetts court decision demonstrates.

A federal court has ruled that banks can’t foreclose on surviving spouses of reverse mortgage holders when the spouses can’t pay off the mortgage. ...

Have you been officially asked to manage someone else's money?  Four new guides help people who have been given the important responsibility of managing money or property for someone else. ...

Reverse mortgages can be a big help to seniors needing extra cash, but they can become a nightmare for their heirs.

Charging that reverse mortgage borrowers were caught in what amounts to a regulatory bait and switch, the AARP . . .

Federal rules protect certain spouses of reverse mortgage holders from being forced out of their homes when the mortgage holder dies.

An elderly Pennsylvania husband and wife are being asked to pay their deceased adult son's medical bills under a law making family members responsible for a loved ones' unpaid bills. ...

Many people believe that if they give away an amount equal to the annual gift tax exclusion -- which is currently $15,000 to any one individual -- this gift will be exempted from Medicaid's five-year look-back at transfers that could...