Community Spouse Resource Allowance (CSRA): $113,640. Minimum Monthly Maintenance Needs Allowance (MMMNA): $2,841 Annual Private Pay Rate (APPR): $7,092 Skilled Nursing Facility (SNF) Coinsurance: $144.50 per day for days 21-100 Resource Allowance: $2,000 Personal Needs Allowance: $35
California law dictates who has priority to serve as administrator of your probate estate if you died without a will and with a California estate large enough to require a California probate. And what appears also applies if you had a will but failed to name an executor who was able to serve as executor. In … Continue reading Who has the right to administer the probate estate?
On this subject, see the attached IRS article http://www.irs.gov/taxstats/indtaxstats/article/0,,id=212022,00.html
Here is chart of our nonsensical estate tax laws. Note the wildly different amounts that can pass (or did pass) without estate tax, depending solely on the year of death. Yet, over the last 30 years, the amount that can pass without estate tax has never gone down, starting with President Reagan to President Clinton … Continue reading Chart of our past, present, and future nonsensical estate tax laws: how much can pass tax free depends on year of death.