Many Massachusetts residents have different reasons for wanting to create their estate plans. You may want to protect assets or ensure that your minor children have the right guardian in the event of your passing. Whatever the reason, you certainly want to get your estate planning underway.
When a Massachusetts resident makes a long-term plan for their financial management and personal care, they may include in their budget the costs of needing to eventually live in a nursing home.
By now, readers of this Massachusetts-based legal blog know that an estate plan can be a beneficial tool for individuals to have prepared. It can help families protect their wealth and ensure that money goes where it is intended. It can also provide guidance to survivors when loved ones pass away.