For many Massachusetts families, determining who to rely on as a legal guardian for incapacitated loved ones is met with angst and stress. Whether a couple is seeking guardianship for their children if something were to happen to them, or someone is looking for a guardian for an elderly or disabled family member, determining who should undertake such a serious responsibility should be done carefully.
Deciding on a reliable and committed guardian
What is the role of capacity in estate planning?
When you are planning your estate in Massachusetts, you may have to undergo a capacity test of some kind to ensure you have the mental capacity to legally create your estate documents. Most often the idea of capacity is used when it comes to the creation of your will, according to the American Psychological Association.
Elements of an inventory estate
After someone in Massachusetts dies, the administrator of the estate has a number of duties to perform. One of these, according to The General Court of the Commonwealth of Massachusetts, is to prepare an inventory of everything the decedent owned at the time of his or her death. This involves identifying and listing assets and their value, as well as details about each item and whether there is any mortgage or other lien or debt associated with it.
State high court issues ruling in MassHealth case
Among the benefits qualifying individuals can receive from MassHealth is financial help with the costs related to nursing home care. Getting nursing home care they need can be of great importance to an elderly person’s overall health and well-being. However, such care can cost a lot. So, what effects trusts and other things can have on one’s MassHealth eligibility can be a significant issue for the state’s elderly population.
Stay connected