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My parents are both 90 and live with my sister. We are looking to placing them in a nursing home. They have approx $74,000.00 in
Susana's answer
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Answered on February 25, 2011
Any gift at this point will disqualify your parents from receipt of MassHealth. The disqualification will be calculated at the rate of $274 per...
Supplemental Probate court rule 411 What is this? Please explain this rule? Also what is rule 410? also what is G.L.c.208
Susana's answer
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Answered on February 03, 2011
Hello 1b need to understand. It is always helpful to go to the source material--the rules first. You can look up the Supplemental Rules by going...
Is a Life Estate subject to a gift tax?
Susana's answer
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Answered on February 03, 2011
Many people retain a life estate in their home with a gift of the remainder to the children, because it is easy and inexpensive to implement. ...
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