In Massachusetts, a Medicare trust is commonly referred to as a Medicaid trust or an irrevocable income-only trust (IIOT). This type of trust is designed to help individuals protect their assets while still qualifying for Medicaid benefits, which can help cover long-term care costs. By transferring assets, such as real estate, into an irrevocable trust,…
Divorce and Family Law Blog
Concerned About Asking Your Spouse-to-be for a Prenup? Mediation Can Facilitate Fair and Transparent Prenuptial and Postnuptial Agreements
Mediation can be an ideal way of approaching these conversations, as it can incorporate more than just the final agreement, but also a discussion about finances, plans and possibilities which can set the groundwork for a successful and collaborative relationship. Mediation is a good way to avoid the tension and conflict which…
Postnuptial Agreements for Married Couples Who Still Want Their Marriage to Work Without The Financial Risk And Uncertainty
A postnuptial agreement, also known as a postnup or postmarital agreement, is a legally binding contract entered into by a married couple after they are already married. Similar to a prenuptial agreement (prenup), which is created before marriage, a postnuptial agreement outlines the rights and responsibilities of each spouse in the event of a divorce…
Worried About the Cost of a Divorce? Divorce Mediation is Fast, Inexpensive and Thorough.
The cost of living is high and inflation is rising, making it more important than ever to save time and money during the divorce process. One way to do this is through choosing an experienced divorce mediation attorney to help you through your divorce. In divorce mediation, a neutral third party, known as a mediator,…
Is the Seven Year Itch A Real Factor in Divorce?
The seven-year itch is a pop culture term arising from the 1955 movie starring Marilyn Monroe. It is popularly used to describe a crisis or waning interest in a monogamous relationship after 7 years. Research shows that the 7-year timespan might not just be an urban myth. According to researchers, people may build stability for…
Divorce, Interests Rates, and the Family Home
What to do about the family home is one of the biggest decisions in divorce. There are many factors to consider, but how should you approach the decision during a time of high interest rates and slowing property prices? Here are a few questions revolving around the family home that you may be considering if…
3 Reasons Why You Should Finally Follow Through on Your New Year’s Resolution to Create an Estate Plan.
Estate planning is on many people’s to-do lists, but it is often postponed in favor of tasks that seem more rewarding. No one wants to contemplate their own mortality, but estate planning brings peace of mind. It can put worries to rest about what happens to you or your children in the event of unforeseen…
How to Make the Decision to Get a Divorce in the New Year
How to Make the Decision to Get a Divorce in the New Year Getting a divorce is one of the biggest decisions you will ever make. How do you arrive at such a difficult decision to go your separate ways? The holidays are a time when many people reach a point where “enough is enough.”…
4 Ways to Cope with Divorce at the Holidays
The holidays are not an easy time for anyone getting a divorce. The restructuring of family life that happens when you get a divorce is the practical reason why the holidays can be difficult for divorced people. It can also be difficult to enter the holiday spirit when your life is undergoing the upheaval of…
Six Unexpected Assets That Are Divisible in Divorce
The question of what is divisible in divorce should really be, what is not? Anything that counts as a possession you shared during the marriage could be defined as marital property and might be subject to property division in divorce. It is not big news that you have to divide your retirement accounts, 401Ks, savings,…
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