Month: December 2007
Posted on December 27, 2007
New North Carolina Trust Laws
In addition to the repeal of the rule against perpetuities, which is effective January 1, 2008 (perpetual trusts will be allowed in…
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Category: Trusts
Posted on December 16, 2007
Avoid Probate of Equity Refunds from Continuing Care Communities
The Problem: Continuing care retirement communities have been growing in popularity with seniors for years. Such communities usually require a “buy-in” upon admittance…
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Category: Elder Care
Posted on December 10, 2007
Worst Nursing Homes in U.S. – One is in NC
The U.S. government’s Center for Medicare and Medicaid Services has released a report listing the poorest quality nursing homes in the country. One…
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Category: Nursing Homes
Posted on December 8, 2007
Medicaid Penalty Changes in NC Effective January 1, 2007
On February 8, 2006, the federal government implemented increased restrictions on gifts made before applying for Medicaid coverage. North Carolina has issued…
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Category: Medicaid
Posted on
History of the Estate Tax
This article discusses in brief the history of the federal estate tax and its effect on the U.S. budget. Also examined are the ways…
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Category: Estate Tax