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...
Nursing Home Planning
Avoiding mistakes when transferring assets for nursing home care
For people in Massachusetts who need to place a loved one in a nursing home for long-term care, money and retaining property is often a primary concern. While they want the best possible situation, they must still think about the financial ramifications. MassHealth...
Seven considerations for choosing the right nursing home
If you foresee the need for nursing home care, you have a lot of planning to do. While we’ve previously discussed on this blog how to ensure that your assets are protected while securing the financial resources that you need to cover your nursing home stay, you also...
Can an attorney help you with Medicaid planning?
Your need for long-term medical care as you age can be costly, threatening to completely devastate your estate and the financial protection that you’d intended to provide to your loved ones. The mere thought of that can be stressful, but if you’re reading this post...
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...
The drastic effect private equity has on nursing homes
You understand the importance of research when looking for a nursing home. However, one thing you may overlook is the potential meddling of a private equity firm in its attempt to take over and change it to a for-profit facility. Beware. When private equity firms...