Archive for July 13th, 2007

Estate – Will You Lose Your Home To Medicaid?

Friday, July 13th, 2007

The largest financial risk that seniors face today is the potential of assisted living and nursing home costs to devour the nest egg that has taken a lifetime to build. Many will end up relying on Medicaid to pay these costs. If thats the case for you, chances are that ...

Estate – How To Legally Avoid Taxes On Gifts And Inheritances – Part 2

Friday, July 13th, 2007

Last week I explained in theory how you can legally avoid paying taxes on gifts and inheritances. Avoiding taxes on gifts and inheritances is based on cost-basis. To help you apply this to your situation I want to share some real-life examples of how my clients use these principles to ...