money gift tax

Does The Gift Tax Exclusion Apply To Medicaid?

Can you gift $10,000 a year without a penalty? For tax purposes yes, with the Gift Tax Exclusion. With the holidays around the corner and the end of the year fast approaching, many of you may be thinking about making gifts for your children and grandchildren. If you want to avoid paying a gift tax…

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Protect Your Money From Nursing Homes

Do You Need To Protect Your Money From Nursing Homes?

FALSE FACT Vol. 1, Issue 1:   If you don’t protect your money, the State will take it.  This is probably the most common “inaccurate” statement that I hear in my elder law practice. We do help clients protect their assets, but not because the State will take them if you don’t protect them. Welcome to…

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