Many Massachusetts readers are already aware that the average age of the country's population is rising. People are living longer, which increases the odds that they will need some level of assistance toward the end of their lives. Accordingly, estate and health care planning take on more significance.
Many elderly people here in Massachusetts have already made estate plans that direct the distribution of their assets upon death and also provide for their care when they can no longer care for themselves. Many have executed powers of attorney for financial concerns and for health care. A lot of the plans have been structured to allow for Medicaid and/or veteran's benefits to help pay for their care.