Dollars & Sense
By Denice Gierach
As published in the Naperville Sun – February 18, 2007
As your parents get older, they may decide that keeping the large house is too much work and they may desire a change of lifestyle. They may sell their house and then they decide to give some of the net proceeds to their children. As time goes on, if their health declines, they may need nurs » Read more: Parents’ Medicaid Application May be Affected by Gifts to Kids
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