Nothing reminds us about the importance of “home” like the holidays. While the vast majority of elders who need long-term care would prefer to live at home for as long as possible, many feel that they can’t afford in-home care. In this article I will discuss options for financial assistance from MassHealth...
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Another Great Event – Please Join Us!
Most of us will eventually need some form of long-term care. The good news is that proper planning can help ensure your wishes regarding your care will be carried out. Proper planning can also protect your life savings from the cost of such care.
On Monday, December 11th at...
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A Veterans Day Reminder About the VA Aid and Attendance Pension Program
Saturday was Veterans Day. While it’s nice to devote a day to recognizing veterans, what about the other 364 days of the year—and the many veterans and their families who struggle with the cost of long-term care? I would like to use this forum to discuss a misunderstood and underutilized benefit available...
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Finally! Massachusetts Residents Receive Some Good News About Estate Taxes
On October 4, 2023, Governor Maura Healey signed legislation that will modify a wide range of tax laws impacting Massachusetts individuals and families. Changes include a doubling of the Massachusetts estate tax exemption, from $1 million per estate to $2 million per estate. In addition, the new law alters how Massachusetts estate tax will...
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Thank You for Supporting the Walk to End Alzheimer’s!
Thank you so much for your donation to my Walk to End Alzheimer's® fundraising efforts! Your generosity will help the Alzheimer's Association® provide care and support to all those facing Alzheimer's and all other dementia, and advance critical research. Your gifts helped me exceed my goal. We raised $1,170 so far for the...
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Walk to End Alzheimer’s 2023 – It’s Not Too Late
To everyone who has already so generously given - thank you!
And if you haven't donated yet - it's not too late!
I'll be walking in beautiful Nelson Memorial Park on Saturday, October 14. See here for event details.
I'm walking...
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Please Join Me in Supporting the Walk to End Alzheimer’s
I'll be walking in beautiful Nelson Memorial Park on Saturday, October 14. See here for event details.
I'm walking for my grandmother, my clients, and for all of us who will be there someday. I'm walking to help reclaim the future for millions.
By...
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Eligibility for Assistance from MassHealth to Pay for Long-Term Care
Given the high cost of long-term care, it’s not surprising that Medicaid (known as MassHealth in Massachusetts) is now the largest provider of funds for nursing home care in the United States. As I discussed in a previous article, MassHealth can also pay for home care, assisted living,...
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The Difference Between a Will and a Beneficiary Designation… and Why It’s Important
Wills and beneficiary designations are similar in that they allow you to name the person(s) who will receive your assets after you pass away. However, they are not the same. Understanding the differences is crucial to ensuring your wishes are carried out.Let’s begin with two basic definitions. A will is an estate...
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Protecting Your Life Savings Against the Cost of Long-Term Care: Irrevocable Trusts
Trusts are among the most powerful tools in the estate planner’s toolbox. The benefits of a trust include probate avoidance, greater privacy, and expedition of estate settlement. They can also establish specific parameters for the use of your assets during your lifetime and after you pass away, allowing greater customization of your...
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