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Meeting Estate And Elder Law Needs In The Boston Area
Meeting Estate And Elder Law Needs In The Boston Area
It may surprise our Millennial and Boomer readers, but older Millennials are now approaching 40. This means that a huge, new population now has kids (possibly multiple), cars, homes, burgeoning retirement accounts, sizable crypto-wallets, etc. And, with the...
Far too many people do not realize that there is a significant chance that they may need some type of long-term care in the future. After all, about half of all individuals will end up in a nursing home or needing some other type of assisted living or long-term care...
Planning for nursing home care is a critical part of any estate plan. Whether you are planning well in advance or the potential need for long-term care is more imminent, here are three mistakes you would be better off avoiding. Hastily transferring assets Dispensing...
Many older Massachusetts residents start to wonder how they will be able to pay for their care when they become unable to take care of themselves. We all know how expensive nursing homes and assisted living facilities are these days. Qualifying for MassHealth can help...
Estate planning represents proactive steps to provide your loved ones with peace of mind. Without formalized documents that communicate your wishes, relatives are left to interpret the actions you would have taken. Chaos can easily ensue. In addition to grief over the...
The probate process refers to the legal process whereby a deceased person’s estate is closed out. This means all the debts are paid and the remaining assets distributed to the deceased’s Franklin, Massachusetts, beneficiaries. The executor/administrator The person in...
Taking an estate through the probate process can be stressful, especially when concerns arise over the validity of certain estate planning documents. These disputes can be time-consuming, costly, and damaging to familial relationships. That’s why it’s important that...
A special needs trust can be a great way to provide for a loved one while still ensuring that he or she qualifies for government programs like Medicaid. This is because assets that are passed down to your loved one through a special needs trust are exempt from income...
There are more than 15,000 nursing homes across our county. These businesses serve a high need, too. In fact, some studies show that individuals who are 65 years old or older have about a 70% chance of needing some type of long-term care. This means that there are...
The importance of estate planning cannot be overstated. Many people do not realize how much they have in assets, or how making some important decisions now can help your loved ones immensely in the future. Your estate plan will be unique to your needs and goals. So,...