Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

To: Oldpuppymax

Which is a windfall for tax-avoidance lawyers, who will show you how to get taken care of on the public dime after transferring your assets out of reach of the government.


2 posted on 12/23/2013 9:16:26 AM PST by JimRed (Excise the cancer before it kills us; feed & water the Tree of Liberty! TERM LIMITS NOW & FOREVER!)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: JimRed
Which is a windfall for tax-avoidance lawyers, who will show you how to get taken care of on the public dime after transferring your assets out of reach of the government.

Not really. There is no real way of avoiding estate taxes short of giving it all away and even then you have to do it gradually else they'll tax it.

14 posted on 12/23/2013 9:29:10 AM PST by FreeReign
[ Post Reply | Private Reply | To 2 | View Replies ]

To: JimRed

The transfer of ownership has to occur at least five years before you sign up for Medicaid and sometimes 10 years, depending on the state. So, people will be signing up for Medicaid who are completely unaware of this. I know in one state where an attorney was PROHIBITED by the state from advising people on how to avoid a Medicaid liability.


77 posted on 12/23/2013 12:29:54 PM PST by WashingtonSource
[ Post Reply | Private Reply | To 2 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson