Caregiver Child Should Change Address

Caregiver Child Should Change Address

Question: I moved in to care for my widowed mom three years ago. Her needs have progressed greatly, and we are now shopping for nursing homes. She has no money and owns her home. Is there a way to protect her house? Answer: It sounds like your mother will qualify for...
Put Planning, Back Into Estate Planning

Put Planning, Back Into Estate Planning

Question: We attended a dinner hosted by a large estate planning firm. They got us excited about signing up for nursing home protection planning. To be safe, we sought your “second opinion.” You took a close look at our finances, saw our $1 million IRA and advised...
What Is Hospice Care?

What Is Hospice Care?

Many think that hospice care solely administers medication to make people who are dying imminently feel more comfortable. However, hospice care is much more than that. It can positively impact the quality of one’s life during their final journey, as well as assist the...
Not All Assets Are Counted Equally for MassHealth

Not All Assets Are Counted Equally for MassHealth

Question: My mother is entering a nursing home and applying for MassHealth to pay the monthly cost. They say her assets must be under $2,000 to qualify.  She has one bank account containing $10,000 and one bond for $10,000. My name is on both assets with my mother....