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...
elder law
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...
Taxes and MassHealth planning
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...
Can I be appointed guardian of my elderly parent?
You see your elderly parent declining in their physical and mental health and you are concerned about their ability to care for themselves or even make simple decisions. You want to pursue guardianship of your parent, but are you allowed to do so? Guardianship in...
Three ways to plan your potential nursing home care
The statistics are clear that a significant portion of the population will end up needing some form of long-term care at some point of their life. That can be stressful to think about from a physical and emotional perspective, but it can also be a major financial...
MassHealth and waiting for long-term care facility admittance
For people in Massachusetts who are getting older and have health and safety in mind, wondering how they will get the care they need is a concern that commonly comes to the forefront. They and their loved ones will increasingly consider their options to ensure they...
Four common mistakes when picking a nursing home
Figuring out how to pay for a potential nursing home stay can be stressful. One the biggest reasons is that this long-term care can be extraordinarily expensive, costing you tens, perhaps even hundreds of thousands of dollars. While there are certainly planning...
Guardianship comes in different forms
When an injury or health condition leaves an adult unable to manage their own legal, medical or financial affairs, guardianship provides a way for a relative or other trusted person to take care of them. Serving as a guardian can be an important, necessary and loving...
How to pursue guardianship in Massachusetts
If you’re worried that your parent or another loved one is unable to make appropriate decisions on their own, then you may be considering guardianship. If you successfully establish legal guardianship, then you will likely be tasked with making medical and personal...
Should you buy a long-term care insurance policy?
There’s a good chance that you’re going to need long-term care at some point in your life. This can be a daunting prospect, especially if you’re feeling healthy and hope to remain in your home for the rest of your life. Making matters worse is the fact that many...