Monthly Archives: December 2023
Estate Planning In Massachusetts: Three Key Things To Know About Medicare
Most people have a general awareness that Medicare is the primary federal health insurance for people who are 65 years of age or older. As medical needs tend to increase as we age, understanding Medicare is key to estate planning/elder care planning. There are a lot of misconceptions about how Medicare actually works. Here,… Read More »
Want To Change Your Will In Massachusetts? Avoid These Three Common Mistakes
Every adult in Massachusetts can benefit from a comprehensive, well-drafted will. You are never too young to write a will. It can be easily revised to account for life’s ever-changing circumstances. That being said, there are some all-too-common errors that people make when revising a will in the Commonwealth. Here, our Norwood estate planning… Read More »
What is Massachusetts Medicaid Estate Recovery? (And How You Can Protect Your Assets)
Long-term care costs are extraordinarily high. For the most part, they are not covered by Medicare. Instead, Medicaid—a means-tested program—is the primary form of public support for nursing home care and other types of long-term care. In Massachusetts, the Medicaid program is called MassHealth. The Commonwealth may actually try to “recover” funds paid for… Read More »
Do You Still Need An Estate Plan If You Are Married?
According to data from Statistics Atlas, approximately half of adults in Massachusetts are currently married. You may be wondering: Do I still need an estate plan if I am married? While it is an understandable question—you may want to simply grant all rights to your spouse—the answer is a clear and resounding “yes.” All… Read More »