Can a Trustee Gift Their Mother’s Car Without Penalty?
My mother is moving into assisted living and may later need skilled nursing care and Medicaid. I am her trustee, but I live outside the United States. I would like to gift her car to her [...]
Chad R. Oldham, J.D., LLM, CTFA is a native of Jonesboro, Arkansas. Mr. Oldham received both his Bachelor of Science, M.B.A. and J.D. degrees from the University of Arkansas, Fayetteville. He holds a Masters of Laws in Estate Planning (LLM) from the University of Missouri, Kansas City.
Mr. Oldham’s areas of practice are estate planning, elder law, probate and trust administration, estate and trust taxation, charitable and not-for-profit planning, business succession, wealth preservation planning, and special needs planning.