The basics of Medicaid planning

Posted on Leave a commentPosted in estate plannng, Ethics, Financial Planning, Health and wellness, Health Insurance, Legal, Real Estate, Wealth Management

This blog post simply lists key issues in bullet format and is not intended as a complete discussion of any issue. A more thorough consideration is helpful for any aspect that may pertain to your family’s situation. Definition: “Medicaid planning” refers to the specialized field of financial planning that recognizes that it is possible to simultaneously keep financial assets […]

Real estate flippers beware

Posted on Leave a commentPosted in Real Estate, Tax Planning, Taxes

IRS warns real estate investors to beware of tax schemes targeting real estate investors. The schemes tend to be offered by financial firms that are not professional tax advisers but promise favorable tax savings through the improper use of like-kind exchanges.  Sales pitches may encourage taxpayers to exchange non-qualifying vacation or second homes.  Many promoters of like-kind […]