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Gifting can affect your MassHealth eligibility (also known as Medicaid) for long-term care. Many Massachusetts residents aged 65 and over find they need MassHealth coverage
So, you’re doing some MassHealth planning for the possibility of long-term care and you’re wondering which option would be better for you: a life estate
It’s expected that 300,000 people will lose their MassHealth (Medicaid in Massachusetts) coverage this year. Why? In March 2020, the federal government declared a public
MassHealth (Medicaid in Massachusetts) is a joint federal/state program that assists individuals with payment of long-term care and other medical costs. MassHealth is designed to
Even though it’s better to plan ahead for MassHealth, you can try to qualify for MassHealth last-minute by using an annuity. MassHealth (Medicaid in MA)
Seniors want to age at home, according to the American Advisors Group’s Importance of Home Survey, which was done in June 2021. 90% of seniors
You may want to plan ahead for MassHealth eligibility. It’s estimated that 70% of people over the age of 65 will require some type of
With the right planning, a person can become eligible for MassHealth (Medicaid in Massachusetts) to help with long-term care costs. What is MassHealth (Medicaid)? Medicaid
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
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,
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