Can I Give My Kids $15,000 a Year?

If you have it to give, you certainly can, but there may be consequences should you apply for Medicaid long-term care coverage within five years after each gift. The $15,000 figure is the amount of the current gift tax exclusion (for 2018), meaning that any person who...

VA Pension Eligibility Rules Changing on Oct. 18

Under current law, the benefit of Veterans’ pension is available to veterans and surviving spouses of veterans whether they have made gifts of their assets or not (if they meet other eligibility criteria).  This will change on Oct. 18.  Beginning on October 18, gifts...