Long-term care is one of the biggest financial fears families face.
The reality
Nursing home care can cost:
$12,000–$15,000 per month in Massachusetts
Even more in some areas of Eastern and Central MA
Without planning, families may be forced to sell their home.
Medicaid planning basics
Medicaid has strict asset rules
There is a 5-year look-back period
Transfers done incorrectly can trigger penalties
Early planning can make a huge difference, especially for families in the Pioneer Valley, Northampton, Tolland, and Vermont.
If you have questions or would like help protecting your home, we’re happy to help. Give us a call at 508-202-1818.