Estate planning specialist; Attorney practicing in Massachusetts

MassHealth and Your Homestead

Real estate transactions can be intricate, even for seasoned buyers and sellers who often seek guidance from attorneys. We specialize in assisting sellers and specific buyers throughout the entire process of selling or purchasing residential properties.

Real Estate in Your Long-Term Plan

In the realm of long-term care planning, real estate plays a crucial role. MassHealth’s income requirements encompass all of an applicant’s property, potentially rendering homeowners ineligible for coverage. Although selling the home may secure approval, it comes with the risk of losing a valuable asset intended for heirs. In our long-term care planning approach, we leverage tools such as trusts to help clients safeguard their homes while maintaining MassHealth eligibility.

Contact Us

Trusts and Homes

We'll help you strategize how your real property, such as homes or land, will be managed, distributed, and protected in the future. This includes considerations for potential challenges like long-term care needs or passing on your property to heirs. Trusts can be utilized to protect real estate assets, ensuring they align with broader estate planning goals. Wills play a crucial role in outlining how real estate should be distributed after your passing. We will help you navigate complex real estate transactions and incorporate these assets seamlessly into comprehensive estate plans, providing clarity and protection for both the present and the future.

Integrated Property Planing

Estate planning is already complicated, and adding elements of physical property can add even more layers. Knowing every possibility can help you make a complete plan.

  • MassHealth Eligibility

    Understand how MassHealth's income requirements may impact your eligibility for long-term care coverage in relation to your property ownership. Owning a home can affect eligibility, and it's crucial to navigate this aspect carefully.

  • Property Transfer Strategies

    Consider the implications of selling your home in the context of long-term care planning. While it might enhance MassHealth eligibility, it could also impact the inheritance you pass on to your heirs. Explore property transfer strategies to balance these considerations.

  • Utilizing Trusts

    Explore the use of trusts as a tool for protecting your home while maintaining MassHealth eligibility. Trusts can be instrumental in ensuring that your real estate assets align with your long-term care plan and overall estate goals.

  • Comprehensive Long-Term Care Planning

    Real estate planning is just one facet of a comprehensive long-term care strategy. Ensure that your overall plan addresses both financial and healthcare aspects, providing a well-rounded approach to your future needs.

Let's Talk

Working with an attorney experienced in MassHealth, estate planning, and real estate, helps make sure you're ready for anything. While you may never need to rely on these plans, having them offers a sense of readiness for whatever life may bring. Reach out and allow us to be your guide through the process.

Contact Us
Share by: