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Toll Free : 866-591-4451
Initiating Medicaid planning should ideally start long before the need for long-term care arises. Waiting until a health crisis occurs can limit your options and potentially deplete your assets. To make informed decisions, it is important to understand the key...
When you start addressing your estate planning and long-term care needs, one important component is power of attorney. Many people recognize the term but lack a full understanding of its role in long-term care planning. There are many benefits to establishing power of...
Historically, parents have kept their estate plans secret from their adult children. The reasons for this are many- fear of upsetting their children, wanting to avoid pressure from their kids to get an "advance inheritance," fear that one of the children will abuse...
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...
Before starting Medicaid planning, it is natural to worry if you must give up the family house to qualify for assistance with paying for nursing home care. This is an understandable concern for senior couples where one spouse is not moving into the assisted care...
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...
Seniors, pregnant women and disabled individuals may apply for Medicaid. Massachusetts residents with income below the state’s average and who do not exceed the program’s asset limits may qualify for assistance. The Mass.gov website notes that eligible residents may...
You want to help an elderly loved one who has Alzheimer’s with long-term care planning. Because of the medical diagnosis, she or he needs special housing and medical care. The National Institute on Aging breaks down a few residential care options for those with...
When a person is having trouble in administering his or her property and assets, it is normal for the court to set up a conservator. Typically, what a conservator does is that he or she has the legal responsibility to manage another person’s affairs, which can be...
Being in college often gives many Massachusetts residents their first taste of adulthood. They may live on campus and away from their parents for the first time and have to find ways to address many adult issues on their own. What some may not consider, however, is...
