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What Does The Probate Process Entail
You leave behind a lifetime of possessions when you die, from real estate to stocks and bonds, furniture and clothing, and all the other assets you have accumulated over the decades. This accumulation of assets is your estate. If you are like most people, you intend...
Understanding Durable Power Of Attorney
Have you ever thought about how many decisions you make every day? While you may be able to make these decisions today, this can change dramatically if you ever start experiencing physical or mental decline or become incapacitated. Unfortunately, incapacity can strike you at any time and at any age.
Medicaid Planning Strategies For Nursing Home Care
Aging is an inevitable part of life. For many, aging also means requiring care from others, either in your own home, an assisted living facility, or a nursing home. The question of how to pay for this care is a pressing one for many seniors or even for younger people who know that due to family history you are likely to require this care.
Disability Insurance And Your Estate Plan
When it comes to setting up an estate plan, many individuals think of a Last Will and Testament, Trusts and other ways to handle the distribution of their assets. However, one critical aspect often overlooked is the role of disability insurance in safeguarding your financial legacy.
5 Things to Avoid When Borrowing
Applying for a mortgage loan? Here are the top five things to avoid as advised by First American Title Insurance Company to ensure your loan is approved. Don't change your marital status. How you hold title is affected by your marital status. Be sure to make both your...
Black or Blue (Ink)…Does It Matter?
Question: Which ink color (black or blue) is legally binding when signing legal or contract documents? Answer: Thanks a lot … I expected this question to require five minutes to research. An hour later, I am still reading about early Chinese dynasties and American...
To Buy or Not Buy – an Extended Warranty
Question: Should I buy an extended warranty for my large gifts this holiday season? Answer: Don’t you love the slew of questions at the checkout counter? Are you a rewards member? Would you like to sign up for a credit card to save $2.00. And the hardest one: would...
Assets Not Protected by Naming Two Owners for MassHealth Qualification
Question: My widowed mother is getting close to needing a nursing home. She has too much money to qualify for MassHealth. However, my name is on her accounts as a joint owner. Will this cut the total value of her assets in half? Answer: The answer to this question is...
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
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...
Haunted House For Sale
Question: My aunt died in her home. Since her death, family members swear they have seen paranormal activity in the house. Ghost hunters were actually called to the house to investigate. I am listing the home for sale on the market. Do I need to disclose this as a...
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...
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Priority Law
Division of Haroutunian Law Office
790 Boston Road, 1st floor
Billerica, MA 01821
978-935-2000
Fax: 978-671-0712