Archive for the ‘Elder Law’ Category

Beneficial ownership of a principal residence for tax purposes: A question of Law and Fact

Friday, November 14th, 2014

Let’s say, your parents place legal title of their house in your name for health reasons. However, your parents continue to reside in the house and pay all the household expenses. Then your mom passes away. Your dad continues to reside in the house until sometime later at which ...

Care Needs Trump $$

Thursday, September 4th, 2014

Further to my last week’s blog, ‘Care @ Home’ I wrote that the POA for Property/Finance should support the care needs of the incapable individual and the decisions made by the POA for Personal Care. I received a note from a reader who provided the following legal reference ...

Congratulations-It’s a Girl!

Thursday, August 21st, 2014

A new study reported on this week found that daughters are significantly more helpful than sons when it comes to taking care of their elderly parents.  Referencing data found from surveying 26,000 Americans, it seems that daughters spend on average 12.3 hours a month looking after an elderly parent versus ...