Many state and federal programs – including Medicaid and Veteran’s Administration benefits – are needs-based programs, wherein making gifts could disqualify you from those programs. So what are some options to consider when giving money to grandchildren, nieces and nephews, or other intended beneficiaries?
Considerations when Gifting to Grandchildren
Blog Posts, Elder Law
College Savings Programs Gifting Trusts
Excerpt
Many state and federal programs – including Medicaid and Veteran’s Administration benefits – are needs-based programs, wherein making gifts could disqualify you from those programs. So what are some options to consider when giving money to grandchildren, nieces and nephews, or other intended beneficiaries?
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