My friend was raised by his grandparents. He took care of them in their old age until the last few months. When they died the government tried to go after the house they owned jointly. He had to show proof that he had paid out medical bills for them equal to half the equity in the home to avoid a forced sale. This all happened just after they changed the rule from three years to seven; he kept the house with only a $2,000 hit.
As far as I'm concerned, I paid enough taxes through buying cigarettes for 20 years, I've prepaid my end of life expenses. I'm planning on hiding every penny I can before I get to the point of elder care.
As far as I'm concerned, I paid enough taxes through buying cigarettes for 20 years, I've prepaid my end of life expenses. I'm planning on hiding every penny I can before I get to the point of elder care.
