Probably not. Medicaid treats trusts created by third parties – your husband’s parents in this case – differently from trusts created by oneself or one’s spouse – so-called “first-party” or ...

An inheritance often is seen as a financial windfall, but there are times when people may want to consider saying thanks, but no thanks. Receiving a sizable gift, if not structured properly, can have ...

In what’s being described as the Great Wealth Transfer, economists project that more than $100 trillion of wealth will pass from the baby boomer generation to their children over the next 25 years. As ...

A Hindu Undivided Family (HUF) is a unique entity recognized under Indian law, primarily for tax and inheritance purposes. However, there is often confusion about the difference between an HUF and its ...

Maryland is the only state in the U.S. that imposes both an estate tax and an inheritance tax. This unique combination can be confusing, but understanding it is crucial for effective estate planning.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Losing a loved one can be a devastating thing — even if ...

A family friend has extensive real-estate holdings owned jointly with her husband of 30 years. They are joint tenants with the right of survivorship. Both have children from previous marriages. My ...