Can I Give My Kids $15,000 a Year?
If you have it to give, you certainly can, but there may be consequences should you apply for Medicaid long-term care coverage within five years after each gift.
Read moreIf you have it to give, you certainly can, but there may be consequences should you apply for Medicaid long-term care coverage within five years after each gift.
Read moreOne or both parents requiring care can create serious stresses and conflicts within families. Elder mediation is available to resolve family disputes that otherwise may go unaddressed or lead to costly and traumatic litigation.
Read moreMany 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...
Read moreAn 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. ...
Read moreFederal rules protect certain spouses of reverse mortgage holders from being forced out of their homes when the mortgage holder dies.
Read moreReverse mortgages can be a big help to seniors needing extra cash, but they can become a nightmare for their heirs.
Read moreIncreasingly, several generations of American families are living together. These multi-generational living arrangements present legal and financial challenges around home ownership.
Read moreIncreased dependency due to illness, disability or cognitive impairments can make seniors susceptible to financial abuse. Here are some steps seniors or their loved ones can take to prevent financial abuse.
Read moreHave 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. ...
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