A recent court ruling in New York found the grandchildren of a nursing home resident liable for over $250,000 after a ‘fraudulent conveyance’ rendered her insolvent and ineligible for Medicaid.
The life expectancy rate in America has never been higher and celebrating your 80th, 90th, or even 100th birthday is becoming increasingly likely. But with a longer life comes an
Qualifying for Medicaid, MassHealth in Massachusetts, is one of the largest benefits of using an irrevocable trust as part of your estate plan. However, irrevocable trusts offer several important benefits
Despite the need for non-medical coverage by an aging population, the future of long term care insurance is in question because of persistent losses and a challenging operating environment within
Applying for MassHealth long-term care benefits can be an arduous process. In addition to meeting the restrictive asset and income limits, applicants must submit a long list of materials along
Ever wonder exactly how much elder care costs in Massachusetts? Well, you may not like the answer. Recently, the MetLife 2011 Market Survey of Long-Term Care Costs was released, detailing
Last week I was part of a panel of speakers at the Life Planning Exchange (LPX) launch party in Boston. LPX, founded by Lisa A. Maini, is designed to help
Alzheimer’s, like any form of dementia, can be devastating to Massachusetts families physically, emotionally and financially. Most of the clients I work with who are either personally affected by this
Planning ahead for potential disability and long-term care needs is essential to the goals of many Massachusetts families. However, how savings are achieved through estate planning can be difficult to
With so many government programs out there it is easy to confuse which one can help with what. It doesn’t help that Medicare, Medicaid and MassHealth all sound similar and
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