What Role Does a Testamentary Trust Play in Medicaid Benefits?

Putting together various estate planning tools for the purpose of passing on assets to future generations is wise but thing can become increasingly complicated when it comes to managing these concerns surrounding Medicaid. Medicaid has very state specific rules that could potentially change over the course of time if you don’t have the right estate… Read More »

Medicare, MassHealth, And Planning For Long-Term Care

Many people are confused about the difference between Medicare and MassHealth as it pertains to the challenge of paying for expensive long-term care. This is not surprising. The two programs sound similar and both provide for medical care.  Let’s start with a brief definition of each program. Medicare is an entitlement program. Everyone who reaches… Read More »