Crummey Trusts: A Way to More Safely Give Gifts to Children
A "Crummey" trust provides?a way to take advantage of the gift tax exclusion while keeping the money in a trust until the...
Read moreYour mother may be able to stay on Medicaid and protect the proceeds through a (d)(4)(A) or (d)(4)(C) trust, depending on her age and what’s available in her state. You or her personal injury attorney need to consult with a local attorney who specializes in settlement planning issues. You can find such an attorney on our sister site at www.specialneedsanswers.com.
For more about (d)(4)(A) trusts (in this case also known as a "first-party trust," click here.
Local Elder Law Attorneys in Your City
For more about (d)(4)(C) trusts (also called "pooled trusts"), click here.
A "Crummey" trust provides?a way to take advantage of the gift tax exclusion while keeping the money in a trust until the...
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Donor-advised funds are a growing trend in giving that may get more popular due to the new tax law.
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My mother has been receiving Medicaid in a nursing home for four years. Now we want to bring her home (to her daughter'...
Read moreMedicaid Rules, etc