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To: shrinkermd

for many people, the proper strategy is to strip the parents of assets so they qualify for medicaid to pay for nursing/medical care, otherwise the govt. requires the elderly to spend all their assets first.

also, some people need to get under the 2 million inheritance tax cap which means over 2 mil and the feds take 50% the state and attorneys also get their cut.


4 posted on 08/30/2006 2:34:14 PM PDT by staytrue
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To: staytrue

That's not a "proper" strategy, it's a dishonest and unethical strategy.


22 posted on 08/31/2006 4:59:08 AM PDT by dinodino
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