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Estate Planning

: Wills, Trusts & Estates Prof Blog

PSA Payments are Compensated Transfers

By Trusts EstatesProf

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Warren Kerner entered into a personal service agreement (PSA) with his son, Jonathan. Pursuant to the agreement, Mr. Kerner would pay Jonathan $9,283 a month and Jonathan would provide Mr. Kerner with daily care in Jonathan?s home. Mr. Kerner was...

Full post as published by Wills, Trusts & Estates Prof Blog on July 16, 2010 (boomark / email).

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