Posted by redtom on August 03, 2013 at 17:52:52 from (97.84.193.70):
I know its a tractor forum. And I know when to seek legal counsel so don't hammer me for asking here but this is a new one to me. BIL just had to put his pops in a home. Kids all fighting over assets, what to do, the mom still ok. BIL says his brother found a lawyer that knows a "loophole" and he can put all of the mom's money in a special "account" for 90 days while feds take "snapshot" of her assets so pops get Medicaid nursing home. Then give it back to her. All I know is last year I spoke with a reputable estate planning attorney and he told me there is NO WAY to hide assets or avoid the "look back" period. Anyone ever hear of this magic "loophole"?
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Today's Featured Article - History of the Nuffield Tractor - by Anthony West. The Nuffield tractor story started in early 1945. The British government still reeling from the effects of the war on the economy, approached the Nuffield organization to see if they would design and build an "ALL NEW" British built wheeled tractor, suitable for both British and world farming.
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