Dealing With Housing: Considerations For Seniors In Massachusetts
Housing is an incredibly important issue for senior citizens and their families. Seniors need to be sure that they have a safe, secure, comfortable, and financially-viable living arrangement. Beyond that, senior citizens also need to have the right estate planning documents in place to protect their property and deal with it after they pass away. Here, our Boston elder law attorneys highlight some of the most important housing-related considerations for senior citizens in Massachusetts.
Consideration #1: Is the Housing Situation Right?
As a starting point, senior citizens in Massachusetts should evaluate their current housing situation. Determining if it is the right fit involves a number of different factors—from considering the size to the physical layout (accessibility/mobility) to the cost. Can a senior move around easily? Are critical facilities like bathrooms equipped with aids such as grab bars? Beyond physical structure, is the location’s convenience vital? Proximity to healthcare facilities, social amenities, and family members can significantly impact a person’s quality of life.
Consideration #2: Is Real Estate Properly Protected?
Property protection is a key aspect for seniors owning real estate in Massachusetts. According to data from Statista, nearly 80 percent of senior citizens live in a house that they own. Proper planning is not just about having basic insurance coverage in place, it is also about ensuring that a property is well-maintained, all relevant legal documents together (title, property deed, etc.), and that there is a comprehensive estate plan in place.
Consideration #3: Is there a Plan for Long-Term Care Needs?
A senior citizen may eventually reach a day when they cannot live in their home—at least without some form of help. For this reason long-term care planning is essential for Massachusetts seniors. This involves thinking ahead about potential healthcare needs and how they will be met. Are there financial resources in place for in-home care or assisted living facilities? Have they explored long-term care insurance options? Is there a Medicaid plan in place that helps to protect assets? Proactive long-term care plan can save time, money, and stress in the future.
Consideration #4: Is Everyone on the Same Page?
Clear communication with family members and caretakers is fundamental. Are the wishes and plans of the senior understood and respected by all? It is important to have open discussions about housing preferences, healthcare plans, and estate management. Ensuring that everyone involved is informed and in agreement can prevent misunderstandings and conflicts. Among other things, this includes having an up-to-date will and other core estate planning documents. Communication is one of the most important—and overlooked—aspects of estate planning.
Contact Our Boston, MA Elder Law Attorney Today
At Fisher Law LLC, our Boston elder law attorneys are skilled, solutions-focused advocates for senior citizens and their families. We specialize in elder law and long-term care issues. If you have any questions about housing considerations as they relate to aging in place and long term care needs for seniors, we are here to help you find the right solution. Contact us today to arrange a 90-minute, comprehensive, initial consultation.