Second Half of Life Podcast
This podcast explores the many issues and topics related to elder law - the wide range of legal matters affecting people in their second half of life and individuals with disabilities. Produced by Steinbacher, Goodall and Yurchak: Your elder care and special needs law firm, providing quality representation in litigation, with locations in Altoona, State College, Wilkes-Barre, Williamsport, Wyalusing and Wysox, Pa. Visit our website at PAElderCounsel.com.
Second Half of Life Podcast
Should I give my house to my child for $1?
Why not sell your house to your adult child for $1 as a way to protect that asset from creditors or reduce your estate tax? Long-Term Care Planner Kristin Daugherty and Attorney Jenna Franks explain why this isn't a good idea and why our law firm generally advises against this practice. They also offer an alternative that may accomplish the same goals as selling your home for $1, only without the potential downside.