Need help to reduce / eliminate long-term care costs?
For those who qualify, Medicaid (MassHealth) benefits can include:
Long-term care (in-home or in a facility); andSeniors who have long-term care insurance may be eligible for MassHealth, as well as exemptions from some eligibility and recovery rules....
How to Pay for Nursing Home Care without Going Broke
One of the things that concerns people most about nursing home care is how to pay for that care. There are basically four ways that you can pay for the cost of a nursing home care:
Living through the last year with Covid-19, everyone has emerged with their own takeaways. In our field of estate planning &...
A New York appeals court case illustrates why it is very important to have properly drafted and properly implemented care contract when an elder is paying a family member for services. The Court ruled that a Medicaid applicant who transferred money to his daughter and son-in-law under a personal service agreement made...
Long-term care involves not only a loss of personal autonomy; it also comes at a tremendous financial price. Proper planning can help your family prepare for the financial toll and protect assets for future generations.
Long-term care can be very expensive, especially around-the-clock nursing home care. Most people end...
Multigenerational families often face estate planning questions that affect several generations at once. A thoughtful estate plan can help protect minor children, aging parents, adult children, and family assets while providing clear instructions for the future.
As more Massachusetts families share caregiving responsibilities and financial obligations across generations, estate...
Yes, it might seem crazy to start thinking about a possible future when you're infirmed and need long-term health care if you're only in your 50s. You're young, or relatively young, and healthy. But that's the point: You...
It seems like many people devote more time to planning a vacation, what car to buy or even where to eat dinner than they do deciding who will inherit their assets after they're gone. Sure, estate planning isn’t as...
Written by Attorney Daniel M. Surprenant, Esq., CELA
Good News! Our office has recently, successfully, implemented a strategy to help a family keep more income while one of the spouses needed long term care paid for by Medicaid (a.k.a. MassHealth)! We thought we’d take a moment to write about...
When our elder law care team meets with clients, our clients often confuse the words “Medicare,” “Medicaid,” and “MassHealth.” Understanding the differences between government programs can be confusing. When it’s time for a loved one to receive medical care in a nursing home, many families are left wondering which government program...
