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What bad things can happen if my parents put their home in my name? Betty and Frank plan to gift their home to their only son, Bruce. They want Bruce to inherit everything when they die. Right now Bruce is on all bank accounts. He is named as the beneficiary on their retirement accounts and…
A Federal judge in Mississippi, Michael Mills, issued an order blocking a new rule that gave patients at federally funded nursing homes the right to settle disputes in court. The Judge granted a request from members of the nursing home industry to stop the rule from taking effect. This is a loss for residents of…
If you are a senior and plan to move in with one of your children, there are a few things to settle. Talk about finances, privacy and duties. Finances: How much will you, the parent, contribute on a monthly basis and what will you receive in return? The payments made to children can be treated…