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HEADLINES
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ESTATE
TALK
Decedent's Same-Sex Life Partner Did Not
Have 50% Interest in Shared Home
The Seventh Circuit of the
U.S. Court of Appeals recently affirmed a Tax Court decision that 100%
of the value of a house shared by a decedent and her life partner must
be included in the decedent’s estate since the life partner failed to prove
that she held a beneficial interest in one-half of the property.
HEALTH HAPPENINGS
Aspirin and Olive Oil May Prevent Certain Types
of Cancer
Recent studies in Britain
have shown that two common substances may have benefits in the fight against
cancer. Researchers at the Prostate Biology Group at Imperial College
and Hammersmith Hospital in London have discovered that aspirin may help
prevent prostate cancer in addition to headaches, heart attacks, and strokes.
MEDI-MINUTES
Clinton Seeks $1 Billion For Nursing Home Grants
President Clinton is calling
for an investment of $1 billion to boost staffing at nursing homes. Quoting
a report by the Health Care Financing Administration that residents’ care
suffers in nursing homes that are too-often understaffed, Clinton said
that too many "are not getting the proper care they deserve."
Medicare Administrator Resigns
Medicare Administrator Nancy-Ann
Min DeParle has announced her resignation effective on October. 1. She
will become a fellow at Harvard University’s Kennedy School of Government. |
Book
Of
The
Week:
The
Aged Client and the Law
MORE
HEADLINES...
NATIONAL
NOTES
Fighting for the Dying: It's Not a Losing Battle
According to a recent feature
in Time Magazine, "7 out of 10 Americans say they want to
die at home; instead, three-fourths die in medical institutions."
While 95% of pain experienced by terminally ill patients can be mollified,
"studies show that nearly half of Americans die in pain, surrounded and
treated by strangers."
RESOURCE CORNER
Your Way: A Guide to Help You Stay in
Charge
Your Way is
a new plain-language guide from H.E.L.P.—a non-profit resource for older
adults—created to help us stay in charge of the medical care we receive,
even if we can’t speak for ourselves.
TAX TID-BITS
Contract Constitutes Completed Gift
The Tax Court has held that
a contract to sell property to a church for less than full consideration
constitutes a completed gift to the church, and the taxpayers are therefore
entitled to a charitable deduction regardless of certain rights the taxpayers
retained until completion of the transaction. |
SEPT.
25, 2000
