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Estate Planning • Probate

What Is the Meaning of Step-Up in Basis?

Posted on: April 28, 2023

Step-up in basis, also known as stepped-up basis, is a wrinkle in the federal tax code that can help heirs avoid or reduce taxes on inherited assets.

Elder Law • Estate Planning • Probate • Trust Administration

What Happens If Your on Medicaid and Your Spouse Passes Away?

Posted on: February 23, 2022

In our past few blogs we have been focusing on Medicaid and qualifying for it. This month we wanted to talk about if a Medicaid recipient is in a nursing home and their spouse, not in a nursing home passes away. If one spouse has to go into the nursing home, some planning can be […]

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What Is the Meaning of Step-Up in Basis?

What Happens If Your on Medicaid and Your Spouse Passes Away?

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Curran Estate & Elder Law, PLLC