Search found 5 matches

by bigringsprinter
Thu May 25, 2017 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Funding Plan
Replies: 6
Views: 406

Re: Help with Funding Plan

Ignorant question: Cannot the trust disperse the income/capital gains to the person, and have them then include it in their taxes? As I understand it, the trust can disperse money to my friend's mother, which would be taxed as normal income of hers, but I believe when an asset in the trust is sold ...
by bigringsprinter
Mon May 22, 2017 5:30 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Funding Plan
Replies: 6
Views: 406

Re: Help with Funding Plan

Thanks for the reply. I also thought the lower tax bracket she is in would allow for more shielding of cap gains, but the cap gains are in a Trust account (which has its own tax ID), and Trust accounts start getting hit for cap gains after the first ~$12k of income/gains. She may have close to that ...
by bigringsprinter
Fri May 19, 2017 10:35 am
Forum: Investing - Help with Personal Investments
Topic: Help with Funding Plan
Replies: 6
Views: 406

Re: Help with Funding Plan

Thought I'd try one more bump. If nobody is going to reply, can anyone chime in on why this is not receiving any interest for helping?
by bigringsprinter
Sat May 13, 2017 11:36 am
Forum: Investing - Help with Personal Investments
Topic: Help with Funding Plan
Replies: 6
Views: 406

Re: Help with Funding Plan

Sorry to bump. Any help? Or should I have asked/formatted differently?
by bigringsprinter
Fri May 12, 2017 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Funding Plan
Replies: 6
Views: 406

Help with Funding Plan

I am trying to assist a friend with the funding plan for her mother's stay in assisted living. Any advice for changes to what I am suggesting would be appreciated. The mother is in her mid-90's and is ok physically but is in the early stages of dementia. She is in a facility that costs approx. $7,50...

Go to advanced search