Applicants for Medicaid (MassHealth in Massachusetts), can only qualify for long-term care benefits when they meet very strict asset guidelines. A MassHealth applicant may have only $2,000 worth of countable
Planning ahead for MassHealth (Medicaid in Massachusetts) eligibility is essential for seniors who want to protect their hard earned assets for themselves and their loved ones. However, the many rules
Acting as a family caregiver for a frail senior can be an extremely challenging job. Often, family or friends expend huge personal and financial efforts to help a loved senior
Getting in shape, saving for a rainy day or learning a new skill are all worthwhile goals to set in the new year, but no
Forbes Magazine recently published a good article on the high cost of caring for a senior with medical needs, written from the perspective of an adult who realizes his father
Did you know that long-term care costs in Massachusetts can reach over $10,000…per month! That’s over $120,000 per year. Not many people, especially in these tough economic times, can afford
Currently, there are several online companies hawking do-it-yourself estate planning kits they claim alleviate the need to consult with a qualified estate planning attorney. However,
The Massachusetts estate tax exemption is currently set at $1 million, while the Federal estate tax exemption is $5,000,000. However, in 2013, the Federal estate
Last month House Rep. Jim McDermott (D-WA) introduced “The Sensible Estate Tax Act of 2011,” the full text of which is now available here: H.R.
An Irrevocable Living Trust can in some ways be compared to a car without gas: it only works for you when you put something in it. Creating an Irrevocable Trust
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