It may seem like a great idea: Parents, either because they want to help their kids out, or to reduce the taxable value of their
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The IRS is Uneasy about Easement Valuations / York, PA
The big problem with facade easements is valuation. Knowing something is of value is one thing. However, being able to prove the value is something
Handing Down a Headache and Not a Home: Pitfalls of the Reverse Mortgage / York, PA
Similar scenes are being played out throughout an aging America, where the children of elderly borrowers are learning that their parents’ reverse mortgages are now
Long-Term Care Lapse Logistics / York, PA
In the meantime, cases like this demonstrate anew how vigilant families need to be. If your older relative has a long-term care policy, photocopy the
Medicare Rehab Requirements Relaxed? York, PA
What does this mean? Imagine you have a severe stroke. Before Jimmo, most people thought Medicare would pay for physical therapy only as long as
Estate Planning With A Life Estate / York, PA
Probate court is no one’s idea of fun, so it’s something you may want to spare your heirs when they inherit your home. One simple
When Children Are Responsible For The Nursing Home Bill / York, PA
If your parents live in one of 29 states or Puerto Rico that has filial responsibility laws on the books, you could potentially be held
A Medicaid Primer 101 / York, PA
If you have elderly parents, don’t wait to learn about Medicaid — sometimes referred to by a litany of other state names, like Medi-Cal and
Unequal Inheritances – Handle With Care / York, PA
Advisors say it doesn’t happen often, but parents who divide their assets unevenly are playing with fire. That said, there are things they can do
Planning Your Family Business Legacy / York, PA
These two experiences taught me a lesson about family businesses. Making a family business a family legacy takes planning and preparation. While each family business
Family Wealth And Financial Entropy / York, PA
The numbers also show that roughly one in three businesses pass to the next generation. Just about 10% of family businesses pass to the grandchildren’s
Planning Your Family Business Legacy in York, Pennsylvania
These two experiences taught me a lesson about family businesses. Making a family business a family legacy takes planning and preparation. While each family business