by mbaker | Sep 10, 2019 | Elder Care, Estate Planning
Part of life is a role reversal that hits as our parents reach old age. For many people, at some point they become incapable of truly caring for themselves or maintaining their own home, at which point that role reversal hits, and the children become the caretakers....
by mbaker | Aug 20, 2019 | Asset Protection, Long-Term Care, Medicaid / MassHealth
Occasionally, we hear from clients or from others who have some objections to the idea of Medicaid planning in the context of paying for nursing home care. MassHealth is the Medicaid Program in Massachusetts. These objections are understandable to a degree—Medicaid...
by mbaker | Jul 1, 2019 | Elder Care, Financial Management, Medicaid / MassHealth, Retirement Planning
To be able to pay for certain types of medical care with Medicaid known as MassHealth in Massachusetts, you must first qualify to receive Medicaid assistance. Medicaid is typically reserved for people who have low monthly incomes and/or few available assets to pay for...
by mbaker | Jun 6, 2019 | Elder Care, Long-Term Care, Medicaid / MassHealth
If you are at least 65 years old or are in need of long-term care services, you may apply for MassHealth, Massachusetts’ Medicaid program. There are three ways of applying for the program: Applying by mail To complete the application by mail, print out the Application...
by mbaker | May 29, 2019 | Elder Care, Long-Term Care, Medicaid / MassHealth
Medicaid planning is an important part of estate planning for many people. Without the proper professional advice, there is the potential to make some mistakes that could cost you and your family quite a bit of money. Medicaid rules change frequently, so it’s...