The Generations Legal Group Podcast
Epi 48 Can I gift money now or do I have to wait until I die?
This is a very common question among aging clients who are concerned about needing long term care and the dreaded "5 Year Lookback". Today we discuss this and show you ways that you can actually gift money now without causing major problems if you need care within the next 5 years.
It's another one of Todd's "soapboxes" that he has strong opinions about. Yep, another one!!!
Note: You may not want your kids or grandkids to listen to this one since I do show you how and encourage you to make gifts now so that they can enjoy what you give them but YOU get to see them enjoy it also. So, use this as you see fit but Sara and Todd hope you get some good information out of this episode.
Information to help you answer all of your questions about aging.
This is a very common question among aging clients who are concerned about needing long term care and the dreaded "5 Year Lookback". Today we discuss this and show you ways that you can actually gift money now without causing major problems if you need care within the next 5 years.
It's another one of Todd's "soapboxes" that he has strong opinions about. Yep, another one!!!
Note: You may not want your kids or grandkids to listen to this one since I do show you how and encourage you to make gifts now so that they can enjoy what you give them but YOU get to see them enjoy it also. So, use this as you see fit but Sara and Todd hope you get some good information out of this episode.
Information to help you answer all of your questions about aging.