ABOUT US:
HOW WE CAN HELP YOU:
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How we can help you?
Since 2011, the estate tax has been portable between spouses. This means that a surviving spouse could use the exclusion that was allotted to their deceased spouse.
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How much will my family pay the IRS in federal estate taxes?
If you are assuming that your estate will be taxed by the federal government, you are in for a pleasant surprise. It is very likely that your family will pay absolutely nothing.
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How expensive is nursing home care?
We practice in the Detroit area, and you can expect to pay around ($103,416) annually. The average length of stay is one year, and a married couple may be faced with two different rounds of nursing home costs.
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Isn’t Medicaid for people with very limited resources?
It is a need-based program, so there is an asset limit that stands at $2000 in Michigan. However, this is a limit for countable assets; some things that you probably have in your possession that are not counted.