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.