Question: We lived with my mother-in-law in her house for two years prior to her being a Medicaid recipient for adult day care for Alzheimer’s patients.  She never went into a nursing home [...]

Question: I live in Massachusetts. Say my estate is about $1.2 million, my case. So I gift my daughter $300,000 cash and file a form 709 gift tax return. The excess over $15,000 reduces my [...]