When you’re sick, the last thing you want to have to think about is what to bring to the hospital. Surely a family member or loved one will bring you what you need. And at any other time in history, that would probably be the case. But this is not that time.
In crazy times, estate planning can be the grounding force you need. Corona-virus is wreaking havoc around the world. The stock market is tumbling. St. Patrick’s Day festivities… canceled. Stay-at-Home advisories and orders. And as if that weren’t enough, Tom Brady broke up with New England via Twitter.
Coffee in hand, I sit down to my laptop to start my day. My inbox is overflowing with emails from colleagues and trusted advisors. I’m seeing it in my Facebook feed and all over LinkedIn. If you’re like me, you’re drowning in information about this new SECURE Act. As I see it, the Act has […]
Usually I try to write articles that are interesting, fun or at least minimally intriguing. This time, I’ll get right to the point – there’s been a Major Development in the use of irrevocable trusts for MassHealth (Medicaid) planning. These trusts have been under fire from the Department of Medicaid for years, and we finally […]
You’ve been a fully-functioning, adult member of society for… 20, 30, 40 years (shhh, I’m not asking!) and you know a thing or two about taking care of your life. You know how to make your own financial and health decisions and while it’s not always fun to schedule that dentist appointment or lab work, […]
There are two questions I hear the most: How can I make sure I’m not a burden on my family? And if I need long-term care, how do I pay for it without spending everything?
The Holidays give a special opportunity to check in on the seniors in your life – and make sure that everything is going well. When you’re visiting mom or dad, or Great Aunt Agnes there are some things to look for to do a senior welfare check during the holiday season to verify they’re safe […]
In last week’s entry I wrote about new nursing home daily rates, and the possibility of MassHealth (Medicaid) to help cover the very expensive cost of care. This week I’ll shine the spotlight on the very real challenge for nursing homes, namely the delay between a resident running out of money and being Medicaid-eligible, and […]
It’s that time of year again. New Year’s Resolutions. New Year, New You! New, new, new. It’s also the time of year when businesses evaluate their budgets and rates, and that usually means an increase. One of the local nursing homes announced it’s new rates last week. All sorts of reasons were given: new government […]
