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Estate planning is often surrounded by confusion and misconceptions. Many residents find themselves pondering whether they should draft a will or establish a trust, as they are unsure of the differences, and which might suit their individual circumstances best. In the realm of ensuring that one’s assets and wishes are honored upon their passing, understanding…

In Massachusetts, it is essential to understand how the debt management process works. Your family will not automatically be responsible for your debts, but your estate may be. It is a delicate topic, but when understood fully, it can provide peace of mind.   The Role of Your Estate in Settling Debts In Massachusetts, understanding…

We often hear people asking, “Do I really need a will?”  and the short answer is yes. A will is not just a legal document that decides who gets your property when you die, it is your way of ensuring that your family and loved ones do not face unnecessary complications during an already difficult…

When it comes to dealing with wills and probate issues, the team at Casey Lundregan Burns, P.C., is no stranger to the myriad of complexities that arise. In the state of Massachusetts, a will may be contested under several circumstances, which range from concerns about the mental fitness of the testator, to allegations of fraud…

Medicaid is a federal and state program that offers healthcare coverage to those with limited income and resources. For individuals in Massachusetts considering long-term care, there may exist concerns about spending down their assets to qualify for Medicaid; but did you know some assets are protected? These assets are not counted when determining eligibility, ensuring…

When it comes to taking care of our aging loved ones in Massachusetts, many families must  decide between a long-term care facility and a nursing home. It is essential to understand the differences to make the best choice for your loved ones. We aim to clarify these terms and help you make an informed decision.…

A loved one moving into a nursing home often comes with a whirlwind of emotions and logistical challenges. Amidst ensuring they receive the best possible care, there exists a looming concern regarding asset protection. Why is this significant, you may ask? Well, the high costs of long-term care have the potential to rapidly deplete a…

In the spirit of safeguarding the future of your loved ones, initiating a well-thought-out estate plan stands paramount. We consistently advocate for early planning as a strategy to not only minimize tax liability but also to protect your assets from other possible liabilities. Incorporating tools such as trusts can certainly facilitate a structured and tax-efficient…

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…

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…