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Personal Finance and Investing

euphorb

(292 posts)

3. Ask a qualified tax professional

Reply to 3Hotdogs (Original post)

Sat Jan 11, 2025, 12:07 PM

Jan 11

This is not a question that should be asked on social media. You have no idea of the qualifications of anyone who would respond. Furthermore, the answer will likely depend on details you have not revealed here (and may not know are important), that a good tax professional will know to ask you about.

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mahatmakanejeeves spooky3 SheltieLover

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Tax question - My life partner and I are not married. We live in a 2 family home that she owns. 2nd floor is occupied by [View all] 3Hotdogs Jan 11 OP

Find a good attorney before you do ANYTHING. Joinfortmill Jan 11 #1

You should probably talk to an accountant or other professional about this. Ocelot II Jan 11 #2

Ask a qualified tax professional euphorb Jan 11 #3

This would require an attorney to establish. Of course, we would ask those questions. 3Hotdogs Jan 11 #4

Good on you to be planning ahead for your next chapter in life. Deuxcents Jan 11 #5

Also, fully inform yourselves of potential Medicaid (not Medicare) marybourg Jan 11 #6

We are both on Medicare. 3Hotdogs Jan 11 #7

There are three types of Medicaid IbogaProject Jan 11 #8

Good info - we have personal experience with the home bound assistance type. In Texas, even for that walkingman Jan 11 #9

She has a home care policy for three years. 3Hotdogs Jan 11 #10

Get an Eldercare workup no matter how prepared you think you are IbogaProject Jan 11 #11

I know the value of an elder law attorney. When my mom was going south, we paid 2,500 for documents. 3Hotdogs Jan 11 #12