Wakefield Massachusetts Estate Planning & Elder Law Blog
Estate planning is not one-size-fits-all
Some products and services are the same for everyone. But most of the time, you get the best value when you can customize what you are buying for your individual tastes, needs and goals. Just like you would not buy a pair of one-size-fits-all jeans, a generic estate...
The elder law issues that require attention and guidance
Elder law encompasses a wide range of areas. Any one of them such as long-term care, guardianship and estate planning may likely surface in your life as well as the lives of loved ones. And whenever these issues do, they must be addressed by you, your family and a...
Don’t believe these myths about MassHealth and long-term care planning
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...
Estate planning that may keep the family peace
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
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
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?
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
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
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?
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...