Charitable Planning

The Setting Every Community Up for Retirement Enhancement Act (“SECURE”), which became effective in January of 2020, made major changes in how beneficiaries of retirement plans and IRAs receive those assets after an account owner’s death. …

Table of life estate and remainder interest values from the HCFA. These values must be used in any calculations subject to Medicaid. This is used when a parent transfers the home to a child but retains a life estate for his/her own use.