Yes. She needs to report the capital gain on the sale. However, she can exclude the first $250,000 of the gain, so the sale and reporting may or may not result in any taxes.
Yes. She needs to report the capital gain on the sale. However, she can exclude the first $250,000 of the gain, so the sale and reporting may or may not result in any taxes.
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...
Read More
We're sorry, you do not qualify for the 30-day trial because you indicated that you are not an attorney or work for a law firm. If this is an error please call us at (866) 267-0947.
If you would like more information on elder law and long-term care planning go to ElderLawAnswers.com.
Schedule your 20-minute membership demo. Find out how we can help you connect with new clients.
We're sorry, you do not qualify for the 30-day demo because you indicated that you are not an attorney or work for a law firm. If this is an error please call us at (866) 267-0947.
If you would like more information on elder law and long-term care planning go to ElderLawAnswers.com.
Schedule a 20 minute membership demo. Find out how we can help you connect with new clients.
The leading provider of web-based practice development tools for elder law attorneys, we help firms reach clients with tools designed by elder law attorneys for elder law attorneys. Questions or Comments?
Copyright ©2025 Elder Law Answers. All Rights Reserved.
Subscribe to the Knowledge Bank.