A reverse mortgage allows the elderly to borrow money from their home equity. With the help of an elder law attorney, a reverse mortgage can be the perfect solution to paying for home care.
The Sacramento County Superior Court of California just awarded his largest amount in elder abuse damages in the county’s history. After the death of a 79 year old tenant in a local nursing home, approximately $30 million in compensatory and punitive damages was awarded. The tenant had mild dementia, and was relocated to the home [...]
While still alive, many parents and grandparents wish to pass their wealth on to their children or grandchildren: these gifts are also a good way to decrease a taxable estate. In 2010, you can give a child or grandchild $13,000 a year without the subsequent incurring taxes, but you may not want the child directly [...]
