Daley/Nadeau Decisions: Protect your Home Equity from Nursing Home Costs

Good news recently from Massachusetts’ highest court.   Your home is your nest egg.   It gives you a place to live in retirement for as long as you need, and then you can leave it to your kids when you die.   But that plan can go awry if you need nursing home care.

Medicaid will . . . → Read More: Daley/Nadeau Decisions: Protect your Home Equity from Nursing Home Costs

Five-year planning can save your home

The cost of long-term nursing home care is top of mind for many of my older clients these days. Many have worked long and hard to accumulate a nest egg, and would like to leave something for their children when they die.

What is a Medicaid Lien?

Massachusetts nursing homes cost an average of . . . → Read More: Five-year planning can save your home

Post-Lady Bird Deed: How Rhode Islanders Can Still Protect their Homes from Nursing Home Bills

Wouldn’t you like your kids to inherit your home?

June 30 was a very hectic day at Land Evidence offices throughout Rhode Island. That was the last day that homeowners could use lady bird deeds to protect their homes from a Medicaid lien if they ever need nursing home care. Now, if you . . . → Read More: Post-Lady Bird Deed: How Rhode Islanders Can Still Protect their Homes from Nursing Home Bills

The Medicaid Planning “No-Brainer”: Transfer Your Home into Asset-Protection Trust Five Years Out

I talked with an elderly married couple from Rhode Island the other day.  He was recently diagnosed with early onset dementia.  They wanted to know if there was anything they could do to protect their hard-earned  assets if he eventually  needed to go into a nursing home.

The Medicaid Lien

Whether you live in . . . → Read More: The Medicaid Planning “No-Brainer”: Transfer Your Home into Asset-Protection Trust Five Years Out

Medicaid ... and keeping the

“If I go into a nursing home, will I be forced to sell my home?”  This is one of the elder law questions I am most frequently asked, and I’ve just spoken with a widower from Attleboro, Massachusetts who was seeking a Medicaid planning attorney to allay this very fear. What I find so . . . → Read More: Medicaid … and keeping the “House that You Built”