Jackson Investments Ltd., incorporated in the entire year 1982, is a little Cap company (having a market cover of Rs 5.52 Crore) working in the Finance sector. The company’s top management includes Mr.Biva Rani Saha, Mr.Purushottam Khandelwal, Mr.Raj Kumar Chhakara, Mr.Ramesh Kr Saraswat. Company has Bharat D Sarawgee & Co as its auditoRs As on 30-06-2019, a total is had by the company of 290,708,050 stocks outstanding.
Hi, if my mother places her home in a trust in my name as the beneficiary and she’s to look in a nursing home sooner or later. Can the nursing home take the real home to use as income? It depends. There is currently a 5-calendar-year lookback period for Medicaid patients, where a judge can relax a trust or even a sale if the courtroom thinks that it was done or setup to avoid this situation.
So, if something happens to your mother within the five years after she places the house in a trust, it could be unwound – I’m not stating it would for certain. You should consult with an elder legislation attorney to help you sort through the legal issues. Thanks for your question.
My name and my mother’s name are on the title she has passed but there’re a trust and a property open. I received a 1099-s in my own name, so now it looks as if I must pay taxes, if the 1099-to maintain the estate’s name? My Dad owned the house we were raised in.
In 1990, he signed over the home to me and 4 other siblings. He lived in the true home until his loss of life in 2001. The homely house was vacant for a few years until I got divorced. I moved along with my twin boys in 2004. Since then I’ve paid all bills, including taxes. Also, the siblings possessed 2 other pieces of properties, which were sold. The amount of money was divided similarly between us somewhat.
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Since then, 2 of my siblings have transferred, and the oldest sibling is coping with me. That same oldest sibling was having hard times, found and left to reside in NY with her son and his family. I live in Pennsylvania. The NY move wasn’t training, so my demonic sister, who lives in NEVADA for 40 years, required herein. The Vegas sister is focused on money, so when my older sister there went, the money she received for the other 2 properties proceeded to go into the bank or investment company in Vegas.
She did not have her own account, so Vegas sister place it in her own account. Finally, oldest sister emerged to PA back again. She came penniless back, had none of her vital papers or ID, and the Vegas sister refused to send any money or anything else. I’ve been reading the advice you’ve given to others, but I’ve 2 questions.
If my sister and I will complete before Vegas sister. Should I have a trust that leaves both mine and oldest sister’s talk about of the homely house remaining to them? All I wish to do is protect my sons from evil Vegas sister, and they have been paying the taxes since they’ve begun working.
Any advice would be appreciated and thank you in advance. You need more help than I can give you. In case your evil Vegas sister wants you evicted, she’ll find a way. You need a lawyer who can advise you on what rights you and your sibling have and how to safeguard them. All the best, and I want to know what happens.