Parents who are older sometimes think that transferring ownership of their home to their adult children or giving them joint ownership of the house is
Consider yourself lucky if your family owns a vacation home –a lakeside cabin, a beachfront condo–a place where parents, children and grandchildren can gather for
Many people think of estate planning as a luxury for wealthy business owners, executives and CEOs – multi-millionaires who have a variety of homes and
If you own real estate, chances are you have purchased insurance to protect your assets against damage or loss. But have you taken the necessary
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
Recently, I worked with a client whose mother had transferred him her house and retained a life estate. The transfer occurred ten years ago with
Creating a life estate in Massachusetts can help protect your investment in your home, keep an important asset in the family and reduce your estate
Many of the seniors I work with transfer assets, often their homes, into irrevocable trusts in order to protect their property in the event they or their spouse need long-term
Did you know that MassHealth can place a lien on your home if you or your spouse requires long-term care? People often learn this the hard way when they need
Despite the fact that the vast majority of Massachusetts seniors will face certain impoverishment should they require long-term care, MassHealth (Medicaid in Massachusetts) only accepts seniors who can meet extremely
Monday – Friday: 9am-5pm
Saturday/Sunday: CLOSED
©2024 The Heritage Law Center LLC | Privacy Policy | Site Map | Disclaimer
