Residents of assisted living homes would receive significant new protections under rules proposed by Massachusetts regulators — changes aimed at closing gaps that threatened elders’ safety. Under the strengthened regulations, assisted living residences would be prohibited from accepting residents so frail they need months of skilled nursing care. The rules also call for expanded training […]
Read More »What if My Spouse Requires Nursing Home Care in Massachusetts?
This is the second of several case studies designed to give examples of how Massachusetts elder law attorneys protect assets in the event a spouse requires nursing home care. Mr. and Mrs. Jones are in their late seventies. Their house is jointly owned and they have no mortgage. Their life savings total $300,000. Ten years […]
Read More »What do I do if My Surviving Parent Enters a Nursing Home?
This is the first of several case studies designed to give examples of how Massachusetts elder law attorneys protect assets. Sometimes, our asset protection lawyers work with families where one parent has died and the surviving parent is entering a nursing home. Mr. Davis is a typical case. Mr. Davis is 88 and suffered a […]
Read More »Funding a Special Needs Trust with Life Insurance
In an earlier posting, we provided an overview of the benefits of executing a Special Needs Trust, also known as a Supplemental Needs Trust (“SNT”) for a disabled child. However, a proper plan ensures that the trust is funded at the appropriate time. Put simply, any trust, if not properly funded, is just a pile […]
Read More »Special Needs Trust Planning in Massachusetts
Asset protection and wealth management for disabled persons is an important part of our elder law practice. The OLG blog contains several topical articles on special or “supplemental needs trusts”. For more information on Special Needs Trusts, follow this informative link: http://www.cnbc.com/id/102123679 Feel free to contact the elder law attorneys of Oalican Law Group with […]
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