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Selling a parent’s home is often a necessary step when transitioning them into assisted living or a retirement community. However, many families are caught off guard by the potential tax implications of the sale. Understanding these tax obligations is essential to ensure you maximize the proceeds from the home sale while minimizing financial surprises. At … Continued

Moving parents into assisted living is a significant life transition that comes with emotional and logistical challenges. Families in Buffalo, NY often face difficult decisions about finding the right care facility, managing finances, and selling a home to fund assisted living expenses. Understanding the process and available support can make all the difference if you’re … Continued

Transitioning aging parents from their longtime home to a retirement community is a major life event—both emotionally and financially. While the benefits of assisted living or independent senior living communities include enhanced safety, social engagement, and reduced home maintenance, the cost of making this transition can be a major concern for families. Many adult children … Continued