Over 5.5 million Americans were living with Alzheimer’s disease in 2017. This included an estimated 5.3 million people age 65 and older and approximately 200,000 individuals under age 65. And Alzheimer’s disease is just one form of dementia. It’s important to create a plan when you’re in the early stage of dementia. It will help […] The post 5 Legal Steps to Take When Facing Dementia appeared first on The Heritage Law Blog .
Both revocable and irrevocable trusts protect the assets that you’ve placed in the trust from going through probate. So, both types of trusts will avoid costly court and attorney’s fees, plus the long period of time that assets are tied up in court and inaccessible to those you’ve left them to. However, it’s important to […] The post Revocable vs. Irrevocable Trusts appeared first on The Heritage Law Blog .
To qualify for MassHealth benefits, seniors (age 65 or older) must meet strict financial eligibility requirements, including both a limit on countable assets as well as income. If you’re married and live with your spouse, both of your incomes and assets count in deciding if you can get MassHealth. Countable income includes: Wages, salary, tips, commissions (before deductions) Self-employment […] The post What Assets and Income Count Toward MassHealth Eligibility? appeared first on The Heritage Law Blog .
The start of each year makes us think about what’s important and what we want to accomplish. Protecting our family and maintaining financial security are top of that list for most people. Proper estate planning can help you reach both those goals. Here’s why you should get started on your estate plan: Avoid Probate to […] The post Why You Should FINALLY Get Your Estate Planning Done appeared first on The Heritage Law Blog .
As a parent, you have the natural instinct to protect and care for your children. From the minute you bring your baby home for the first time, your child becomes your priority and the center of your life. However, while it’s very common for people under the age of 35 to have children, 92% of […] The post Protecting Your Kids Through Proper Estate Planning appeared first on The Heritage Law Blog .
In this season of giving, we often think about how we’re giving back to the world we live in. You might donate here or there during the year when you remember to, but you could develop a well-thought-out charitable giving plan that would benefit the charities of your choice as well as your estate. Do […] The post Charitable Giving on Your Mind? appeared first on The Heritage Law Blog .
Please join the Heritage Law Center for one of our upcoming Estate Planning Seminars: “How to Protect Your Home, Assets & Life Savings From the Costs of Probate & Long-Term Care” WAKEFIELD Tuesday, Dec. 5, 10:00 am – 12:00 p.m. (Continental Breakfast) at the Four Points by Sheraton Wakefield-Boston Hotel & Conference Center, 1 Audubon […] The post The Heritage Law Center is Hosting Two Estate Planning Seminars appeared first on The Heritage Law Blog .
Just as no two people are exactly the same, neither are their estate plans. With all the possibilities in estate planning it’s important to know your options. While every estate plan is different, an estate plan consists of an array of documents that each have their own benefits and limitations. The foundation of a basic […] The post How a Trust Can Strengthen Your Estate Plan appeared first on The Heritage Law Blog .
Please join the Heritage Law Center for one of our upcoming Estate Planning Seminars: “How to Protect Your Home, Assets & Life Savings From the Costs of Probate & Long-Term Care” WOBURN Tuesday, Sept. 26 7:00 – 9:00 p.m. (Coffee & Dessert) Courtyard by Marriott 700 Unicorn Park Dr BURLINGTON Thursday, Sept. 28 7:00 – 9:00 […] The post The Heritage Law Center Will be Hosting Two Estate Planning Seminars appeared first on The Heritage Law Blog .
Back to school season is upon us! As we all prepare to get back into our routines it’s also a great time to be reminded of estate planning basics. The blog posts this month focus on just that. Getting back to basics so you can make estate planning part of our fall planning. Estate planning […] The post Estate Planning for the Young Adult: 7 Strategies to Start Today appeared first on The Heritage Law Blog .