With the holidays approaching, you may be feeling generous. Giving a gift is a great way to show your appreciation toward your loved ones.

With the holidays approaching, you may be feeling generous. Giving a gift is a great way to show your appreciation toward your loved ones. There are benefits and drawbacks that you should consider before you make any substantial gift. 1. Medicaid/ MassHealth Consequences of Gift Giving: Seniors with less than $1 million, should be aware of the Masshealth/ Medicaid consequences of gifting. Gifting for any reason (including education and medical expenses) may cause a prob

By Kathy L. McNair, Esq. The holidays will soon be here. You may be thinking about giving your loved ones a sizeable gift. It is very generous of you to consider making gifts to your family or friends, and they are likely to appreciate the gift. However, please consider the consequences of gifting, before deciding if this is appropriate for you. 1. Gifts should only be given if your needs are met: Please make sure that your own needs are met before making gifts to other