Q. I give to charities every year during the holiday season. However, I’m concerned about the ramifications of doing so this year with the new tax law. Can I give as I usually do and take tax deductions, or is there something different I should know?
Also, my husband, John, is 80 years old and has several health ailments, including high blood pressure, diabetes, and mild cognitive impairment. If his health suddenly declines and if he requires nursing home care in the next several years and we would like to qualify for Medicaid, would he be penalized for the charitable gifts that we give?
We also give small gifts to the humane society every month. Would we be penalized for these gifts, even though we’ve been making them for years?