by Michael Baker | May 6, 2020 | Estate Planning, Medicaid / MassHealth
MassHealth Home Services for Seniors If you live in Massachusetts, are eligible for MassHealth, and are age 60 or older (or under 60 with Alzheimer’s) there are many at-home health services you may be eligible for. They include nursing care, day care, housekeeping,...
by Michael Baker | Mar 3, 2020 | Asset Protection, Estate Gifting, Estate Planning, Trusts
As you may know, estates in Massachusetts may be subject to an estate tax. The tax rate varies, starting at 0.8% and topping out at 16% for estates worth more than $1 million—even if the value is just a dollar or so over $1 million. In contrast, the federal government...
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 | Nov 8, 2018 | Medicaid / MassHealth
Medicaid known as MassHealth in Massachusetts is made available to low-income families and seniors to provide them with healthcare coverage and coverage for long-term nursing home care. However, not everyone qualifies for Medicaid. If you are getting close to the...