When it comes to addressing long-term care costs in their elderly years, some individuals rely on benefits from Massachusetts’ Medicaid program: MassHealth. So, what the eligibility rules are for such benefits can have major impacts on seniors in the state. Some...
When a person has a disability, a lot of unique financial issues can come up for them. This includes issues related to things such as saving money, long-term care costs and public benefits eligibility. Special needs planning may be able to help with preparing for such...
This time of year, many people are thinking about what kinds of gifts they are going to give their family and friends for the holidays. Some individuals end up deciding to give their loved ones financial gifts.Such holiday giving could take the form of a simple cash...
There are many worries an elderly individual may have regarding nursing homes. Among these are concerns about whether they will be able to find a high-quality nursing home in their area if they end up needing nursing home care. So, seniors here in Massachusetts may...
As you create an estate plan, you may soon come to the conclusion that a trust is the right decision for you, your family, and your finances.Of course, you can't move in this direction until you answer one very important question: What type of trust is best? There are...
All too often, people are aware of the need to create an estate plan and the inherent value in doing so, yet fail to take the necessary action. For some, this inaction can be attributed to discomfort with addressing the always sensitive issue of their own mortality,...
A Massachusetts woman is being accused of representing herself as a lawyer to a man and creating a will on his behalf. The daughter of the man says the woman exerted undue influence over him, and that the will should not be considered valid. The entire matter has...
The term “trust” describes a rather versatile set of estate planning devices. There are many different kinds of trusts a person could include in their estate plan here in Massachusetts. The different types of trusts vary in what they can do and what kinds...
What particular end-of-life care a person receives can impact many things. This includes where they end up spending a majority of their time at the end of their life: at home or in a hospital.How common is hospitalization in the last part of life for individuals here...
There are many things regarding the credit card debt of the estate that a personal representative needs to determine when administering the estate.Among these are whether the estate has any such debt and, if it does, what the amount of this debt is. This is because...