Q: My daughter’s name was added to the title to her mother’s home so that she could inherit the house tax free. Her mom has now died and my daughter is selling the home. What are the tax consequences?
The ‘Great Wealth Transfer’ may not help with high property taxes, soaring homeownership costs, and liquidity issues in 2025.
There are instances when a gift would be exempt from the Medicaid look-back period, including one made by a parent to their child who is blind, disabled or under the age of 21 or to what is termed a ...
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