Since few people in Massachusetts could afford the cost of living in a long-term care facility such as a nursing home on their own, long-term care planning is necessary. This is a plan for qualifying for financial assistance from MassHealth, the state's version of...
WAKEFIELD MASSACHUSETTS ESTATE PLANNING & ELDER LAW BLOG
Estate planning that may keep the family peace
On behalf of Curley Law Firm LLP | Oct 26, 2020 |
People who are thinking about getting the documents together for their estate plans no doubt want to make sure what they have in place won't create bad feelings between family members. There is estate planning help for Massachusetts residents looking to keep peace in...
Estate planning: Lifetime gifting can minimize taxes
On behalf of Curley Law Firm LLP | Oct 26, 2020 | Estate Planning
Those who want to minimize taxes on their estate plans should consider lifetime gifting. The time has never been better for Massachusetts residents to do so in their estate planning since the lifetime exemption for estates and gifts is at an all-time high...
Gaining guardianship of a loved one with dementia
On behalf of Curley Law Firm LLP | Oct 22, 2020 |
There may come a time when adult children have to make the decision that their elderly parent needs extra care. Giving elderly people with Alzheimer's or other dementia-related illnesses in Massachusetts the care they need may include becoming a guardian for a parent....
What is the Massachusetts Medicaid look back period?
On behalf of Curley Law Firm LLP | Oct 14, 2020 | Uncategorized
Some people who age will need to move into a nursing home for care. Not everyone has the financial backing for this, so many of them will rely on Medicaid and other programs to help them cover the cost of long-term care.One thing that some individuals might not...
Side-stepping some common estate planning problems
On behalf of Curley Law Firm LLP | Oct 8, 2020 | Estate Planning
People thinking about writing a will or any other estate documents will want to make sure everything is in order for their heirs. Estate planning in Massachusetts should be comprehensive. In other words, an estate plan needs to ensure they have all the...
Making the decision regarding trusts in an estate plan
On behalf of Curley Law Firm LLP | Sep 30, 2020 | Trusts
Estate plans are most efficient when they contain all the necessary documents pertaining to a person's particular situation. Some Massachusetts residents might find that including trusts in a comprehensive estate plan could be worth their while. The first order of...
Guardianships and conservatorships, what’s the difference?
On behalf of Curley Law Firm LLP | Sep 25, 2020 |
Sometimes, people need assistance making decisions or managing their property because they are incapable of doing so under the law. In Massachusetts, guardianships and conservatorships allow for personal representatives to be named for these people. What is the...
Can I help my parents preserve their assets?
On behalf of Curley Law Firm LLP | Sep 17, 2020 | Uncategorized
One major concern of adult children of elderly parents is that their parents' assets will all be drained in order to pay for the care and medical treatment they may later need. That's a legitimate concern for sure.But the good news is that there is a way to both...
Building a financial emergency kit during estate planning
On behalf of Curley Law Firm LLP | Sep 17, 2020 | Estate Planning
It is always wise to be prepared for things that might not happen. When Massachusetts residents begin doing some estate planning, experts say they should also consider putting into place a financial emergency kit for their families, just in case. Those types of...
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