In order to qualify for MassHealth, many Massachusetts residents must transfer assets to a spouse or other relative, or put them in trust. This takes careful planning. If some of these assets are held in tax-deferred accounts, a large transfer of this kind can trigger...
Month: March 2023
The right legal support for your elderly loved one
If you are the caretaker for your elderly loved one, you want to make sure that they have the most appropriate legal support possible. If you are like many other people, you may not understand exactly what that entails and even which questions you need to ask. If you...
Understanding the facets of elder care in Massachusetts
If you are elderly or you have an elderly loved one, you must understand elder law and how the laws and regulations affect you or your loved one. Elder law is an approach that is multidisciplinary and focuses specifically on the legal issues of older and disabled...
Why you shouldn’t plan for long-term care on your own
As we’ve discussed previously on this blog, your potential need for long-term care is significant. Those who end up needing this care, including those who wind up being placed in a nursing home, can incur significant expenses, too. If you’re unprepared to address...