Qualifying for Medicaid can become vitally important as you get older. Senior citizens within the state of Massachusetts may develop costly healthcare needs and paying for care can become a substantial burden, even for individuals with Medicaid coverage. Many seniors will also develop a need for nursing home care. Nursing home care can be astronomically expensive, and Medicaid may be the only way for this care to be paid for, other than paying with personal assets.Read More
If you are named executor of estate, you have to think carefully about your willingness to fulfill this important responsibility after a death. Many people who are named by a deceased a executor of a will will decide that they want to fulfill this role because they want to honor the wishes of their departed loved one. However, it is not always practical or possible for a person who has been named as an executor to actually serve as an executor. In these cases, you need to know what will happen.
If you do not want to be an executor of estate, you do not have to do so and the probate process will continue with someone else appointed to fulfill the role. The Law Offices of James A. Miller can provide advice on the specifics of your situation and on who is likely to be named as executor of an estate if you decline to do the job. Give us a call today to find out more.Read More
Medicaid eligibility rules are strict, because Medicaid is meant to be a program for people who have limited income and few resources. If you want to become eligible for Medicaid coverage, you will need to make certain that you understand what the rules are for eligibility and must make certain that you can meet the criteria set forth by the state of Massachusetts and by the federal government. Medicaid is run as a federal / state partnership and Centers for Medicare and Medicaid Services imposes rules that must be followed when it comes to benefits eligibility and coverage.Read More
Massachusetts inheritance law details what happens when someone inherits money. If you are making your legacy plan or estate plan, you need to understand how inheritance law will affect the money that you leave behind. You also need to understand how inheritance law will impact your beneficiaries or heirs.
It is always important to consider both the impact of an inheritance, and the method by which heirs will manage an inheritance. However, this becomes an especially important consideration if you are leaving money to a minor who will be under the age of 18 at the time when you provide an inheritance. If you leave money to someone underaged, the law is very strict on what will happen to the money or the property you have provided as an inheritance.
Unfortunately, sometimes you may not like how Massachusetts inheritance law will treat an inheritance that you have left behind for your children or for other kids who are important to you. You need to understand what the default rules are and, if you don’t like those rules, must use appropriate legal tools to opt out of defaults and ensure the inheritance you leave behind works for your loved ones. The Law Offices of James A. Miller can help.Read More
Providing an inheritance for grandchildren is one of the best and most loving things that grandparents can do for their grandkids. You may want to leave money to pay for your grandchildren’s education or make plans to ensure that your grandchildren have financial security. Whatever the amount you can leave behind, and whether you leave money, property, or possessions, your grandchildren will appreciate the loving gift you have given to them.Read More