Plan Your Estate
or the State Will Plan It For You

There are many things to consider in planning your estate to avoid unnecessary complications, delay and expense. 

Although not all of us take action to prepare one, most of us know we should have a Will to make certain that our assets (and liabilities) at the time of our passing are distributed according to our wishes.  Likewise, at the time of our passing, IRS and state and federal regulations must be followed to ensure that the terms of our Will and other documents are followed.

As we age, there may be a time when nursing home care is required. The state has specific maximum limits on financial resources (savings etc.) an individual is allowed to have before Medicare or other agencies will pay for or subsidize nursing home care.  Government agencies impose many requirements on us as we avail ourselves of Medicare and other health care programs.  How, then, can we best prepare for this time of our life?

At Elder Law Solutions, we will thoroughly review your financial situation and advise you on how to structure your Will and financial and property resources to gain the maximum legal benefits that you are entitled to under state and federal laws.

If you want to learn more about Estate Planning, click here.

 

102 State Street, Newburyport, MA 01950
tel: (978) 465-5407  |  fax: (978) 463-8189
mgbirke@elderlaw-solutions.com


This web site is designed to provide general information and should not be construed as legal advice,
or legal opinion on any specific facts or circumstances or the formation of a lawyer/client relationship
.

© 2005 Margot C. Birke
All rights reserved