Setting up a guardianship can be an important part of caring for an older loved one or incapacitated loved one. For that reason, it is helpful to know how to set up a guardianship and what the role and responsibilities of a guardian are. The important role of a...
Month: October 2021
Protecting your hard-earned assets when you enter a nursing home
You worked hard for your entire career to put together your financial legacy. The last thing that you want is for that legacy to be consumed by nursing home costs and medical expenses at the end of your life, leaving nothing for your children, grandchildren and other...
MassHealth extends long-term care to thousands of immigrants
Many people who come to the United States hoping for a better life do not qualify for long-term elder care. Fortunately, MassHealth is about to change that. As of Nov. 1., immigrants who do not have lawful permanent resident status can qualify for long-term care...
Difference between revocable and irrevocable trusts
Many people reading this blog post may already understand that one of the most effective estate planning tools is forming a trust. A trust not only helps avoid probate and save on estate taxes but also provides privacy, protection and proper distribution of assets. In...
What are the requirements for informal probate in Massachusetts?
The loss of a loved one is an emotional time for family members left behind. People might not want to think about the technical issues surrounding the person’s estate, but it is necessary. In Massachusetts, probate might be needed to ensure the decedent’s will is...