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 - Chores - by Frank Young. The ceaseless passing of time! It is at once our friend and our enemy. It measures our progress and it makes us old. Like most features of our life, few things are all good or all bad, and most such judgments depend on our own perspective or viewpoint. In our particular hobby, we enjoy the nostalgic return to the days of our youth as we recreate many of the scenes that took place on the family farm that served as the stage for the first few acts of the play that is our live
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