Uncategorized
Can a Nursing Home Take Your House in Massachusetts?
In the United States, Medicaid is a federal-state program that assists with medical costs for low-income individuals. In Massachusetts specifically, the Medicaid program is known as MassHealth. MassHealth may pay for nursing home care for eligible individuals. However, under the Medicaid Estate Recovery Program, the state can seek repayment for these costs from the individual’s…
Read MoreA Guide to the Financial Aspects of Long-Term Care
Entering a loved one into nursing home care is an emotional journey, fraught with important decisions. Among these is the daunting task of comprehending and managing the financial implications of long-term care. Although costs vary widely depending on individual needs and the level of care required, understanding your payment options is key to successfully navigating…
Read MoreHow a Family Can Save Money by Creating an Estate Plan with a Tax Plan
When many people think of estate planning, they think about having a will that directs the distribution of their property after death. They may think of using an estate plan to prevent the need for guardianship, avoid probate, or even help pay for long-term care costs. Rarely do people consider how a comprehensive estate plan…
Read MoreWorking Toward a Century of Service
At Casey Lundregan Burns, P.C., we trace our origins and legacy back to a period before anyone could imagine the devastation of the Great Depression and after our nation thought we had endured what we believed to be the “war to end all wars.” In 1924, William J. Landergan graduated from law school after earning…
Read MoreFavorite Child Syndrome: When to Suspect Undue Influence Might Be the Reason for Unequal Distributions Out of an Estate
By: Allison R. Burns, Esq. In creating an estate plan, most parents choose to treat their children as equal beneficiaries. There may be unique situations in which one child has a greater need to be cared for, and this should be clearly indicated in the estate planning documents. We have seen, however, certain circumstances in…
Read MoreIf You Want to Protect Your Assets from Nursing Home Costs, You’ll Need More Than a Living Trust
Living trusts are an excellent tool for accomplishing several estate planning goals. However, if you are hoping to protect your assets from nursing home costs, you will need more than a living trust. Because these trusts are revocable and the person setting up the trust can use the funds any way they wish, the assets…
Read MoreDocument Your Future Wishes with a Living Will
Thinking about the circumstances of your death is not a task most people look forward to. However, when asked, most people say they would prefer to pass away quietly at home rather than in the hospital emergency room. Preparing ahead with a living will enables you to remain in control of the decisions near the…
Read More