Question
Georgenia's sole major asset is a house that she purchased in 1972 for $56,000. In 2012, that house is now worth $475,000. Georginia wants to
Georgenia's sole major asset is a house that she purchased in 1972 for $56,000. In 2012, that house is now worth $475,000. Georginia wants to transfer the house to a medicaid planning trust. What should she ensure when the trust is made regarding whether the trust should be in her taxable estate?
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Andersons Business Law and the Legal Environment
Authors: David P. Twomey, Marianne M. Jennings, Stephanie M Greene
23rd edition
1305575083, 978-1305856516, 1305856511, 978-0357689868, 978-1305575080
