Alzheimer’s diagnosis should spur financial, legal plan
By Cathleen Summers
According to statistics recently released by the Alzheimer’s Association, there are 5.4 million Americans who suffer from Alzheimer’s disease. Every 69 seconds,...
National Healthcare Decisions Day draws attention to estate planning
By Margot B. Birke
April 16, 2011 was the fourth annual National Healthcare Decisions Day. Sponsored by the American Bar Association, the National Healthcare Decisions...
Plan for your future long-term care needs, now
You may be taking care of elderly parents now or looking at that possibility in the near future. According to a report from USA Today/ABC News/Gallup Poll, 41 percent of baby boomers are helping take care of elderly parents by providing personal help, financial assistance or both.
Demystifying probate when it comes to estates, trusts
We hear a lot these days about probate, usually in the context of avoiding it. New clients working with an estate planning attorney usually start the conversation by saying, “No matter what it takes, I want to stay away from probate.” Probate avoidance is a common and appropriate goal in the estate planning process.
The basics of Medicaid: What you can and cannot keep
By Margot Birke
In order to understand Medicaid qualifications, you first need to know how Medicaid treats your assets. Basically, Medicaid breaks your assets down...
New state law authorizes the creation of trusts for pets
By Linda T. Cammuso
Until now, Massachusetts residents were prohibited from providing direct financial support for the care of a surviving pet upon the owner’s...
State’s homestead law and newly enacted changes
By Cathleen Summers
We are often contacted by clients and asked to explain the homestead law here in Massachusetts. What are the advantages of declaring...
Failure to plan for long-term care could leave you holding an empty bag
By Margot Birke
Today we face the real possibility, as we grow older, of seeking long-term care in a nursing home for ourselves or for...
New state homestead law gives expanded protection
By Linda T. Cammuso
Until now, Massachusetts homeowners had to choose between homestead protection — which safeguards the equity in one’s home from attachment by...
Estate planning: Waiting can be costly to your family
By Cathleen Summers
Do you know what happens if you die without a will? The courts will decide who will raise your children, manage your...