This originally aired on the Catholic Faith Network’s show CFN Live: https://youtu.be/gWWH0IjSvCU How does Medicaid treat life estates when it comes to Medicaid eligibility? First, let’s explain two basic Medicaid rules when it comes to your primary residence. Under Medicaid,…
Watch “In The Legal Know” with Vincent J. Russo on CFN Live! Vincent appeared on CFN Live on April 17th, 2023 to discuss“Life Estates: Helpful or Problematic?” (Part Two: Taxes) https://youtu.be/_XxjAvWfrqs Vincent J. Russo discusses how real estate taxes are…
This originally aired on the Catholic Faith Network’s show CFN Live: https://youtu.be/_XxjAvWfrqs Life estates are an estate planning tool when planning with residences. Before we get into taxes, let’s do a brief review of “What is a Life Estate?” A…
Watch “In The Legal Know” with Vincent J. Russo on CFN Live! Vincent appeared on CFN Live on April 10th, 2023 to discuss“Life Estates: Helpful or Problematic?" (Part One) https://youtu.be/mhrYFJpMxZc Vincent J. Russo discusses life estates, how to create one,…
This originally aired on the Catholic Faith Network’s show CFN Live: https://youtu.be/mhrYFJpMxZc There is much to talk about when it comes to life estates – a greatly misunderstood type of real property ownership. Life Estates can be helpful, or they…
This originally aired on the Catholic Faith Network’s show CFN Live: https://youtu.be/aUe67RxG1gM This is a very timely topic in light of us being in tax season. If you sold your home in 2022, you must report the sale on your…
This originally aired on the Catholic Faith Network's show CFN Live: https://youtu.be/_PeHZKOXFO8 You may be surprised to hear, but in my law practice, when I ask the client, “How is your home owned?”, some clients respond I own the house,…