Revocable trusts and irrevocable trusts are both very valuable tools in estate planning, yet their differences are important to understand to ensure you make the
You’ve worked HARD to get where you are. But are you leaving your family’s future to chance? Research shows that at least 70% of people
Planning for Long-Term Care: Protecting Your Assets and Ensuring Your Future Care As life expectancy rates in the U.S. continue to rise, more people are
Gifting assets can be a useful estate planning tool if you need to reduce your estate tax bill or for long-term care planning purposes. However,
Prepaid burial contracts can be a good way to take some of the challenges out of a very challenging situation. Prepaid funeral contracts make things
When speaking with groups about Medicaid (MassHealth) planning, I often get asked about life insurance policies and how they will be treated when applying for MassHealth benefits. Many people simply
Genworth Financial, the nation’s largest seller of long-term care insurance, is engaged in an “intense, very broad, and deep review of all aspects of our long-term care insurance business,” President
MassHealth Asset Limits To qualify for MassHealth (Medicaid in Massachusetts) for long-term care coverage the applicant can only have $2,000 in their name. The ‘community spouse,’ the healthy spouse still
Dementia can be a debilitating illness that severely affects seniors and their loved ones. However, a new treatment using trained dogs, much like seeing-eye dog programs for the blind, is
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.
