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...
Year: 2021
Transferring assets to get MassHealth nursing home coverage
For Massachusetts residents who are making the difficult decision of putting a loved one in a nursing home, there are many issues that will come to the forefront. The elderly loved one getting the proper treatment and care is obviously at the top of the list. Still,...
Benefits of hiring an attorney for MassHealth planning
Most Massachusetts area residents will need special care when they get older and are no longer able to care for themselves. Many families have gone through this with elderly loved ones. Elderly care, whether it be assisted living, nursing home, home care, etc. can be...
What is the senior care options program?
When we reach a certain age, we need someone to take care of us and provide us with our medical needs. Long-term care facilities, medication and frequent medical examinations can be costly. However, a person can get coverage for those services by applying to the...
A thorough estate plan also considers healthcare, finances
In the estate planning process, it can be easy for a Massachusetts resident to focus on what will happen to her wealth after death. This is of course a very important consideration, since no one really wants to see his fortune tied up in probate litigation or drained...
Voluntary administration – A simplified probate proceeding
Did you lose a loved one who had few assets to their name and no real estate upon their passing? If so, you may be eligible for a simplified probate process known as “voluntary administration.” Voluntary administration may be an option even if your loved one did not...
Understanding the benefits of a special needs trust
When a person has a physical or mental disability, he or she may benefit from a special needs trust. The special needs trust allows a trustee to manage property for the person and is created with his or her needs and lifestyle in mind. For example, the trustee can...
State to boost MassHealth funding by $600M
Starting in 2022, the state of Massachusetts will increase reimbursements to community health centers associated with MassHealth by $600 million over the next five years. The Massachusetts League of Community Health Centers says the new payment structure will help...
Signs that the fiduciary duty is being breached
There’s no doubt that losing a parent is hard. As you try to cope with the emotional realities of losing a close loved one, you also have to deal with the financial implications of their passing. Oftentimes, this takes the shape of estate and trust administration. On...
Three estate planning myths
Most people have basic knowledge of the estate planning process and what it entails. However, this knowledge is rarely more than a superficial understanding. For this reason, estate planning myths have become commonplace. This is part of the reason so many people...