Yes. In most states, he would have to liquidate the IRA in any case. Be aware that doing so means that he’ll have taxable income. However, the nursing home fees should be deductible as a medical expense.
Yes. In most states, he would have to liquidate the IRA in any case. Be aware that doing so means that he’ll have taxable income. However, the nursing home fees should be deductible as a medical expense.
The Kentucky Supreme Court affirmed a court of appeals' ruling that Kentucky's Living Will Directive Act (the Act) does not authorize a spouse to enter a mandatory arbitration agreement on her husband's behalf upon his admission to a nursing facility because...
Read MoreThe Kansas Supreme Court affirmed a court of appeal's ruling that a beneficiary who had accepted a trust distribution pursuant to a district court's order had acquiesced to the judgment and could not take an inconsistent position on appeal but...
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