Comingling Bank Accounts with Elderly Parents
Recently, a client came to me seeking emergency MassHealth planning assistance after her father’s health rapidly declined and he was admitted to a long-term care
Recently, a client came to me seeking emergency MassHealth planning assistance after her father’s health rapidly declined and he was admitted to a long-term care
Massachusetts offers several programs, covered by MassHealth, that allow both disabled children and elderly adults who need more help than family members can provide to get certain long-term-care services while
When someone begins looking into planning or applying for MassHealth (Medicaid in Massachusetts) benefits they often receive a lot of well intentioned advice from friends and loved ones. The fact
There are many reasons why a person might want to transfer their Massachusetts real estate as part of their overall estate plan. Perhaps they want
The children of aging parents often end up acting as caretaker, either part-time or full-time, as their parent’s health and self-sufficiency declines. While planning ahead for MassHealth (Medicaid) benefits is
It’s everyone’s fantasy: a long lost relative you never knew you had passes away and in his will leaves you his entire estate, including an
I recently read this short yet interesting article in Time Magazine that I think encapsulates my thinking on how a good estate planning and elder
MassHealth, a.k.a Medicaid in Massachusetts, is a state program that assists individuals with payment of long term care and other medical costs. Long term care costs in Massachusetts can reach
Your ‘estate’ is more than a just piece of property or bank account balance. It consists of everything you would want to leave your family
MassHealth (Medicaid) transfer rules dictate that transfers of assets for less than fair market value within a five year period of application will result in a period of ineligibility. Some
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