Question: Can I pay for my parents’ nursing home cost with MY traditional IRA? Should I? Response: Yes, you can use any of your resources to pay for your parents’ support. The problem, however, in using your IRA for this purposes is that your withdrawals will be taxable. In addition, if you are younger than […]
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Harry Margolis, Esq. has been representing seniors, individuals with special needs and their families since 1987.
Since then, he and his firm as a whole have helped thousands of clients pay for long-term care, grapple with the incapacity of a family member, and plan for safe and productive futures for their children and grandchildren.