How much money can a senior parent give to their children? Posted on April 23, 2011

Mom is 91. She has lived with me for six years. She has talked about going into a nursing home but she doesn't want me and my two sisters to lose our inheritance. I explained that I thought there was a five year period that the money would have had to been in our names but she wonders if any amount can be given to us now. We are going to prepay her funeral expenses now too

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