Medicare and Medicaid are often lumped together but they are two very different programs designed to do different things. Medicare is the over age 65 government sponsored health care program available to most seniors. It is designed to provide “rehabilitative” care either in a hospital (Part A) or outpatient setting (Part B). Medicare’s purpose is … Read moreWhat is the difference between medicare and medicaid?
Trusts can be valuable tools for estate planning purposes but are often misunderstood. Much confusion exists as to what kind of Trust does what. So here is a brief overview. A Revocable Living Trust can be useful for maximizing the amount of money a husband and wife can leave estate tax free. It can also … Read moreMassachusetts Trust
For most people, the house they live in is the biggest asset in their estate. How ownership of the house is held (through title) can make a difference on how the house is protected for later sale or for passing to beneficiaries. Only husband and wife can have a Tenancy By Entirety (TBE), a form … Read moreAsset Protection Planning