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Answers to your estate planning questions so you can take care of your family and yourself. Answers to your estate planning questions so you can take care of your family and yourself. Answers to your estate planning questions so you can take care of your family and yourself.
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Archives

Tag Archives for: "MassHealth estate recovery"
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 Should We Use a Life Estate or Nominee Realty Trust to Protect Our Home from Estate Recovery?
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By Harry Margolis
In Long-Term Care Planning, Real Estate
Posted May 3, 2024

Should We Use a Life Estate or Nominee Realty Trust to Protect Our Home from Estate Recovery?

Question: We live in Massachusetts. In looking for ways to protect our home against MassHealth recovery laws, I have found two methods most talked about that will also allow for a step-up in cost [...]

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 What’s the Best Financial Plan to Remodel My House so My Dad Can Move In?
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By Harry Margolis
In Long-Term Care Planning, Real Estate
Posted November 4, 2022

What’s the Best Financial Plan to Remodel My House so My Dad Can Move In?

Question: My dad who is 81 years old has been ill for the entire summer, I want to try to get him in a position to qualify for MassHealth in the future. He owns a condo that is in a life estate [...]

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 How Does Medicaid Estate Recovery Work when a Testamentary Trust is Involved?
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By Harry Margolis
In Long-Term Care Planning, Probate, Wills
Posted August 9, 2022

How Does Medicaid Estate Recovery Work when a Testamentary Trust is Involved?

Question: What if an unknown Medicaid estate recovery claim pops up, and the surviving spouse is not an explicit heir, but rather beneficiary of a testamentary trust? How does delayed recovery [...]

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 In Massachusetts, Do you Need an Irrevocable Trust if You Have Long-Term Care Insurance?
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By Harry Margolis
In Irrevocable Trusts, Long-Term Care Planning
Posted June 16, 2021

In Massachusetts, Do you Need an Irrevocable Trust if You Have Long-Term Care Insurance?

Question: Would someone that has long-term care insurance in Massachusetts need an irrevocable trust? Response: This is an interesting question, in large part because Massachusetts has a unique [...]

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 Is a Life Estate or Irrevocable Trust Better for Protecting my House from Medicaid Estate Recovery?
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By Harry Margolis
In Long-Term Care Planning
Posted October 18, 2019

Is a Life Estate or Irrevocable Trust Better for Protecting my House from Medicaid Estate Recovery?

Question: The attorney I retained has already cost me $2,500 ($1,000 retainer fee + additional charges) for emails, mostly, and a 1/2 hour conference call). I am 76, live alone, have 2 sons, own [...]

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Wondering if a trust makes sense for you?

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Wondering if a trust makes sense for you?

This comprehensive guide provides all you need to know (in plain English).

Harry Margolis book: The Baby Boomers Guide to Estate Planning

Get the Book
(An Amazon Prime Reading selection)

Read Sample Chapters