To: SmithL
Poor estate planning. If the family had done its homework, and consulted with an expert, this could have been avoided, all legally.
14 posted on
10/23/2006 10:39:08 AM PDT by
TommyDale
(Iran President Ahmadinejad is shorter than Tom Daschle!)
To: TommyDale
Yes, all you have to do is put the house into a trust. The state can't touch it then because it's not an asset of the patient.
33 posted on
10/23/2006 10:52:04 AM PDT by
Fairview
To: TommyDale
Agreed - there are strict rules and it takes pre-planning (years ahead) and typically having a good tax planner attorney does not hurt
39 posted on
10/23/2006 10:54:20 AM PDT by
VRWCTexan
(History has a long memory - but still repeats itself)
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