Caregiver Contracts – Tax Benefits

If you would like to care for your parents full-time, or close to it, and your parents want to pay you for this, then there are some tax issues that you need to be aware of. Most importantly, if you are providing hands-on care, making meals, doing the shopping, taking your parents to doctors’ appointments,...
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Testifying at the State House

Last week, I headed to the State House to once again testify on bills that could plug some holes in the MassHealth nursing home payment system and make things a bit easier for families caring for frail elders. The shorthand for this bill is the "transfer of assets" bill. It comes down to...
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Good News on Pooled Trusts

When a single person is entering a nursing home, and if she needs MassHealth to assist her with paying for that, then she needs to bring her assets down to $2,000.  Elder law attorneys often recommend setting aside a "cushion" in a pooled trust - since $2,000 amounts to bubkes, really.  Having a cushion...
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