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Answers to your estate planning questions so you can take care of your family and yourself. Answers to your estate planning questions so you can take care of your family and yourself. Answers to your estate planning questions so you can take care of your family and yourself.
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Tag Archives for: "CCRC deposit"
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 Are There Any Tax Benefits to Loss of CCRC Deposit?
0
By Harry Margolis
In Probate
Posted May 17, 2024

Are There Any Tax Benefits to Loss of CCRC Deposit?

Question: In this article “Can Heirs Take a Capital Loss on Return of 90% of CCRC Deposit?” you talk about the 10% not being a capital loss. But, what if the CCRC has no funding and [...]

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 Can Heirs Take a Capital Loss on Return of 90% of CCRC Deposit?
0
By Harry Margolis
In Long-Term Care Planning
Posted June 10, 2022

Can Heirs Take a Capital Loss on Return of 90% of CCRC Deposit?

Question: My question is concerning stepped up value for an inheritance from a CCRC – Continuing Care Residential Community. The buy-in was $375,000 after death the return is 90%. Is the [...]

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Wondering if a trust makes sense for you?

This comprehensive guide provides all you need to know (in plain English).

Harry Margolis book: The Baby Boomers Guide to Estate Planning

Get the Book
(An Amazon Prime Reading selection)

Read Sample Chapters