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wpbgirl asked: My Grandfather-in-law wants to give us a gift for the down payment to purchase our first home (the gift would be under $10,000). However, he is 82 years old and we are concerned that this may be considered a transfer of assets. Could this gift keep him from qualifying for Medicaid if [...] Elaine W asked: I have a phycopathic sister in law who has mounted a vendetta on my 13 year old daughter over a silly comment. She is now demanding that the birthday present she bought her be returned to her. Just wondering what the legal position is on this. Thanks lucycav asked: If the donor delivers a deed stating the gift to be transferred does legal title pass on the delivery of the deed? Please include sourses, statutory or otherwise. haveyoufedthecat asked: This question relates to UK Law:- I have an elderly widowed relative who has died in the last few months. He signed over his farm ten years ago to his son to avoid Inheritance Tax by signing a Deed of Gift. I have since been told that as the elderly relative remained living in [...] |
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