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Meeting Estate And Elder Law Needs In The Boston Area
Meeting Estate And Elder Law Needs In The Boston Area
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...
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...
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...
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...
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...
Some estate planning tools are designed to help assets avoid probate. Because of this, many people who are unfamiliar with the probate process may get the impression that probate is a bad thing, to be avoided at all costs. That isn't the case. In fact, probate is a...
It is no secret that long-term nursing home care is expensive. Many needing long-term care turn to Medicaid and MassHealth for help covering the enormous costs associated with nursing home care. It is important to understand the MassHealth application process and...
When a Massachusetts resident signs his or her will, the common assumption is that the disposition of the assets owned by the signer will be distributed according to the terms of the will. Unfortunately, some wills make people mad. This anger is usually the result of...
Figuring out how to pay for your long-term care needs can be daunting. This is especially true given that most people don’t adequately plan for these expenses and are, therefore, taken aback when an emergency arises requiring extensive long-term care. But even if...
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...