The desire to stay in your own home as you get older is called “aging in place.” Nearly 90 percent of people over age 65
Executor, executrix, or personal representative are the names used to describe the person who will be in charge of your estate and follow the directions
An inheritance tax is a tax on the assets that a beneficiary receives from an estate. The good news: Massachusetts doesn’t have an inheritance tax.
Preparing for Alzheimer’s with Estate Planning An estimated 6.2 million Americans age 65 and older are living with Alzheimer’s dementia in 2021. It’s projected that
If you don’t have a spouse or children, you might think you don’t need to do much estate planning. However, if you have any assets, any familial connections, any interest in supporting charitable groups – not to mention a desire to control your own future – you do need to establish an estate plan.
Many older adults are concerned about protecting their assets from the cost of long-term care that they might potentially need in the future. Sometimes they
Expert tips on why starting your estate plan early, choosing beneficiaries, and thinking about how you want to transfer your wealth to the next generation are critical for your financial future.
Many of our parents completed their estate plans decades ago. The documents may still be valid. However, if they are stale or outdated, you may spend significant money trying to use them down the road.
In Massachusetts, nursing home costs average over $12,000 per month. Assisted living averages over $5,000 per month. While the costs of care continue to rise,
Medicaid is actually called MassHealth in Massachusetts, so they’re the same program. It’s a joint federal/state assistance program designed to pay for health care for
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