If you have a will or a trust, you may think that your estate planning is complete. However, there is another important aspect of estate planning that you should not overlook: avoiding probate. Probate Probate is the legal process of settling your estate after your...
Month: May 2023
Can I use Medicaid or Medicare to pay for nursing home care?
Some people can pay for nursing home care through private funds, but many do not have enough savings to afford nursing home care. Instead, they plan on relying on government benefits if eligible to pay for nursing home care. The government benefits available to pay...
Discussing estate planning with aging parents
There comes a time in almost everyone’s life when they age and need assistance. While it can be difficult for adult children to discuss estate planning with their aging parents, it is important to do so to ensure that their parents’ wishes are carried out. Approaching...
Avoid these five long-term care planning mistakes
The statistics are clear: there’s a good chance that you’re going to need long-term care at some point in your life. This may include a stay in a nursing home or some sort of in-home care, but regardless of the type of care that you may need, your savings are likely...
How do I include state and federal insurance into my estate plan?
If you are a Massachusetts resident who receives MassHealth, Medicaid or Medicare benefits, you may wonder how to include these programs into your estate plan. But, once you know the basics of these programs and how they affect your estate planning options,...