If you are looking into long-term care Medicaid programs, you should understand how the program will assess your income and assets. Medicaid is a need-based program that relies on your finances to determine eligibility. The state will want a complete rundown of all...
Call to schedule an appointment or house call
Local : 617-379-0022
Toll Free : 866-591-4451
Local : 617-379-0022
Toll Free : 866-591-4451
Blog
You might have more digital assets than you realize
If you think that anything digital is just for young, internet-savvy people, you might be overlooking an increasingly relevant matter in estate planning. More and more people could benefit from strategies to deal with online and computer-based assets after death. In...
Should you have a funeral trust?
If you have ever had to make final arrangements for a loved one, you probably know exactly how expensive funerals can be. Indeed, according to World Population Review, the average funeral in Massachusetts currently costs more than $10,200. When you include other...
What do I need to know about long-term care insurance?
Long-term care insurance has always been a hot topic in the insurance industry. Essentially, because Medicare does not cover long-term care with the exception of doctor-prescribed instances, paying for long-term care can be a big challenge. While many Americans have...
How does Medicare’s nursing home rating system work?
If your elderly mother or father needs to move into a nursing home, you have no shortage of options. Indeed, according to the Centers for Disease Control and Prevention, there are almost 16,000 nursing homes in the U.S., providing long-term care to more than 1.3...
3 types of advance directives
An illness or injury can rob you of your ability to make medical decisions on your own behalf. This can cause difficulties for you and your loved ones, especially if the condition occurs acutely. In an advance directive, you make decisions and provide instructions...
How generation-skipping trusts benefit younger heirs
When you have worked hard to accumulate wealth, it is a priority to ensure it is available for younger heirs. A generation-skipping trust (GST) is an estate planning tool designed with this goal in mind. What are generation-skipping trusts? This type of irrevocable...
What is undue influence?
Estate planning is a difficult, time-consuming process in which every detail of a person's life and every desire they have for their post-death care undergoes examination. It is also a delicate time where some unscrupulous individuals may want to insert their own will...
Incorporating your business interests into an estate plan
You can use an estate plan to get ahead of questions about what happens to your assets after you pass away. If you are a business owner, you can also incorporate your business interests into your plan in a few different ways. Succession plan Naming a successor and...
How do trusts save my estate money?
Massachusetts probate can be a long and drawn-out affair. Most estates must go through probate before their heirs can receive their inheritance. According to Massachusetts’ official website, probate is necessary to validate a will. However, if you create a living...