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 Second Circuit Court of Appeals affirmed a district court's order granting summary judgment in favor of the government, finding that the government's Medicare drug price regulation program did not violate a pharmaceutical company's constitutional rights where the company's participation...
Read MoreThe New Jersey Supreme Court reversed the Appellate Division's judgment ordering a supplementary hearing to determine a retiring police officer's probable intent regarding the disposition of unpaid retirement benefits, ruling that because he had made no explicit beneficiary designation, the...
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