Q. I have claimed my mother as a dependent in the past for tax purposes. Are there any tax breaks left to help me with those high in-home care expenses? A. Maybe. It is true you can no longer claim your parent as a personal exemption due to the changes created by the Tax Cuts and...Read more
Tag Archives: Tax Credit for Caregivers
- Tag Archives: "Tax Credit for Caregivers"
My Mom’s power of attorney was prepared some years ago in another state. When I took a copy to her local bank it was refused. Among other things I was told it was outdated. Does Mom need to have a new one prepared?It is always a good practice to have out-of-state legal documents reviewed when you establish a new domicile and it is not unusual for there to be problems with a...
Q. Should I complete a Medicaid application for my Mother on my own? A. It depends. • How organized and knowledgeable are you of Mom’s financial situation for the past...
Q. How do I know if I need a revocable or irrevocable trust? A. You should consult with a legal professional that handles both kinds of trusts. Provide a clear...
Affidavit for Collection of Personal Property Affidavits Aid and Attendance Annuities Asset Protection Attorneys Charitable Contributions Digital Assets Domestic Partners Estate Planning Family Meetings Filial Support Laws; Long Term Care Planning Final Bills Fraudulent Transfers Informal Probate IRA Trusts Lady Bird Deeds Last Letter Life-Companions Life Estate Deeds Living Trusts Long Term Care Long Term Care for Parents Medicaid Applications Medicaid Asset Preservation Medicaid Planning Part 5 or Formal Probate Administration Personal Injury Settlements Personal Property Memorandum Personal Representative Personal Representative Duties Pet Trusts Physician Letter on Incompetency Power of Attorney Probate Probate and Taxes Probate Distributions Revocable Trusts Summary Administration Survival Cause of Action Tax Credit for Caregivers Trust Administration Trustees Wills Wrongful Death Actions