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Limits to Transferring Assets to Children

By JOEL FRANK
Posted 5/27/16

Nearly 1 out of 5 Americans, past age 65, are still taking home a paycheck. This is the highest rate of age 65+ workers since the early 1960s, prior to Medicare. Are you one of them? Do you plan on working past 65? Read all about this at: http://goo.gl/MOKik5.

Many retirees ponder transferring their assets to their children, so if and when they must move into a nursing home, the state they reside in will pay for it under the state/Federal Medicaid program.

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