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  • Massachusetts Ruling On Medicaid Applicants
    Posted on: 26 Jun 2017
    Massachusetts' highest court ruled Monday that the residence and the other assets held in Medicaid applicants' irrevocable income-only trusts were not available assets even though the applicants retained the right to use the house during their lifetimes....
  • Money Isn’t Everything in Estate Planning - How to Pass Your Stories and Values to the Future Generations
    Posted on: 20 Jun 2017
    Money may be the most talked-about aspect of wealth contained within your estate, but the riches of your experience and wisdom can mean even more to your family members down the road. ...
  • Long Term Care Facilities
    Posted on: 19 Jun 2017
    Long Term Care Facilities (LTCFs) which include nursing homes, skilled nursing facilities, and assisted living facilities, provide medical and personal care services to people who are unable to manage independently in the community. Over 5 million Americans are admitted to or reside in LTCFs each year. ...
  • How to Protect Your Child’s Inheritance from His or Her Untrustworthy Spouse
    Posted on: 13 Jun 2017
    Parents who develop an estate plan often do so to provide for their heirs financially. Many want to make sure hard-earned assets, family heirlooms, or closely held businesses stay within the family. Indeed, a common question is what cost-effective options are available to protect a child’s inheritance from his or her spouse in the event of untrustworthiness or divorce. Thankfully, there are many ways to structure your child’s inheritance to help ensure it will remain in the family for future generations. ...
  • Why Do People Let Their Long-Term Care Insurance Lapse
    Posted on: 12 Jun 2017
    Long-term care, whether provided at home or in a nursing home, is a major financial risk in our senior years. Yet few people buy long-term care insurance. Of those who do, one-third with long-term care insurance at age 65 will let their policies lapse, forfeiting benefits they will likely soon need and the money they have paid in premiums. ...
  • Estate Planning for Military Families
    Posted on: 07 Jun 2017
    Although Memorial Day just passed, it is important to honor those that have served our country. This time is also a good opportunity for members of the military and their loved ones to consider setting up an - or revising an existing - estate plan. Military families need to consider special estate-planning issues that others do not. This is particularly true when one or more family members are deployed overseas. Beyond this, members of the military have access to special benefits and resources. This can become complicated and, for this reason, it is important that you seek special help if you are a military family. ...
  • Critical Retirement Decisions as You Hit Age 70
    Posted on: 06 Jun 2017
    Happy milestone birthday! This is the year for some critical decisions that will affect your retirement years. Here are some deadlines you won’t want to miss....
  • 3 Ways Your Trust Can Help a Loved One With Mental Illness
    Posted on: 31 May 2017
    When a loved one suffers from a mental illness, one small comfort can be knowing that your trust can take care of them through thick and thin. There are some ways this can happen, ranging from the funding of various types of treatment to providing structure and support during his or her times of greatest need. ...
  • How Long Should a Care Facility Charge After a Patient Dies
    Posted on: 29 May 2017
    Many care homes there charge the relatives of a deceased resident for a week after the death so there is time to clear their belongings, but some families are being charged fees for extended periods after their relative’s room had been cleared....
  • Don’t Just Leave an Inheritance; Leave a Legacy
    Posted on: 23 May 2017
    You come into the world a blank slate, and as you grow, you gain wisdom. You’ve planned your estate to leave physical assets to beneficiaries, so now think about leaving them something that’s just as important but less tangible: the hard-won wisdom you’ve accumulated over your life. Let your family and friends learn from your mistakes, and profit from your successes. In other words, don’t just leave an inheritance, leave a legacy....
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