How can I gift a large sum of money to my children?

Mr Pippen offers sound advice. You can use the annual donee exclusion of $13,000 per donee and then use up your $5,120,000 unified credit before...

Only child trying to protect parent's home from possible future Medicaid and creditor claims

You pretty much have asked the same question three times and the answer will be the same no matter what: it is a bad idea to attempt this on your...

Mr Luthman answers the specifics as to this question. But the overall point here is still the same. An irrevocable trust has gift and estate...

This is a bad idea. An irrevocable trust has gift and estate implications and if you do as you contemplate you could be needlessly giving up...

How can I leave money to daughter so husband never can access it. She is in community property state.

Mr Johnson covers it all and offers sound advice. For you the best approach is to set up a trust for her so that it provides for her and her...

Need Estate Planning - Assets Protection advice in order to avoid extra taxes and probate on inheritance.

Mr Brophy offers an excellent answer. Be aware that the issue here is dual domicile and residency. This could subject your parents to estate...

I have dpa for my mother. her bank is telling me that the dpa doesn't allow access to her bank acct listed in the trust. True?

Both attorneys offer sound advice. Only the trustee or the successor trustee would have access to the trust account. DPOAs do not give such power...

Ms Reisman offers sound advice. No one can answer this question at this forum. A trained estate attorney needs to read the document to determine...

How to protect assets from previous home sale (single status) and now remarried to previous spouse?

My word what a mess. This situation cried out for a prenuptial agreement before your remarriage. At this point you need a post-nuptial agreement...

From Texas -my dad's wife died in 2007-no will- house in her name only-got married AFTER she bought house- does he get house

Mr Potter offers sound advice. Additionally, TX is a community property state so those rules impact upon this quesiton. The real answer is to...