Generosity is a good thing. Most people want to help family, friends, or even strangers when they can. But for seniors, giving away money or assets can sometimes lead to legal trouble. The rules around gifts, taxes, and benefits are strict. One wrong move can cause problems that last for years. If you’re a senior or care for one, it’s important to know when a kind gesture could backfire. Here are seven times when generosity has legal consequences for seniors.
