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Blogs

The Cost of Elder Care is Increasing. See How the Numbers Stack Up in Massachusetts and the Nation.
  • By: Solutions Law Group LLC
  • Published: April 17, 2019

It's no secret that the cost of healthcare is high. That's why looking ahead to potential long term needs is a critical part of estate planning. Genworth Financial has been tracking the cost of long term care in 400 cities across all 50 states for the past 15 years, releasing reports annually. Their findings: the median cost of a private nursing home nationwide is: $ 100,375, and it is much higher in certain areas - including Massachusetts. Not only did the cost of care go up from 2017 to 2018,…Read More

Sometimes the
  • By: Solutions Law Group LLC
  • Published: February 19, 2019

While sentimental belongings and "heirlooms" may or may not have a large financial value, they are often priceless to loved ones. These are items that evoke memories that remind those we leave behind of shared values and history. In this blog, our American Academy of Estate Planning Attorneys colleague discusses how to ensure your "tangible property" is distributed according to your wishes. CLICK HERE for the full article.Read More

How Do You Select Who Will Make Important Decisions When You Cannot?
  • By: Solutions Law Group LLC
  • Published: February 7, 2019

Having a Healthcare Proxy and a Power of Attorney in place to handle your affairs and medical needs is a critical part of estate planning. Choosing who will serve in those roles is just as important as the documents themselves.. In a previous blog, Attorney Dowling laid out some guidelines for choosing a Healthcare Proxy (often called a Healthcare Power of Attorney outside of the Commonwealth of Massachusetts). In the following bog, our American Academy of Estate Planning Attorneys coleague explores some other factors to consider when choosing who will…Read More

Medication Management Tips for Caregivers
  • By: Solutions Law Group LLC
  • Published: January 30, 2019

With age often comes medication. If you're a taking care of a loved one with multiple conditions and medications, the list can feel unmanageable. This article from sixtyandme.com breaks down some ways to help navigate the medication management landscape. CLICK HERE for the full article.Read More

It's Not Too Late to Adjust your Tax Liability for 2018
  • By: Solutions Law Group LLC
  • Published: January 29, 2019

2019 might be in full swing, but there's still time to reduce what you owe for 2018. Our American Academy of Estate Planning Attorneys colleague, Steve Hartnett, explains HERE.Read More

Do You Know How a Trust is Taxed?
  • By: Solutions Law Group LLC
  • Published: December 6, 2018

If you're not an Estate Planning Attorney or a tax specialist, you may not know the ins and outs of how trusts are taxed. It's an important consideration in Estate Planning, and another of many good reasons to have an expert in your corner. This insightful blog breaks down the differences between "grantor trusts" and "nongrantor" trusts and the way they are taxed. Click Here for the basicsRead More

The Surprising Rewards of Caregiving
  • By: Solutions Law Group LLC
  • Published: December 6, 2018

As November came to a close, so did Caregiver Awareness Month - but we believe caregivers should be recognized every day! In previous blogs last month, we've taken a look at the number of Americans giving unpaid eldercare and the challenges they face. Though these hurdles are very real and often hard to overcome, caregiving can also be quite rewarding. It might just be the satisfaction of knowing your loved one is cared for with dignity. Or maybe it is the opportunity to "give back" to one who has spent your…Read More

CAREGIVER AWARNESS MONTH SPOTLIGHT II: CAREGIVER STRAIN
  • By: Solutions Law Group LLC
  • Published: November 28, 2018

While a significant part of Estate Planning is preparing for what your needs may be as you age or if you get sick, many of us fail to consider what the implications will be if one of our loved ones eventually need care. Alongside family strain and fatigue, often comes unexpected, and therefore unplanned for, financial, career, and emotional ramifications. According to the 2018 Northwestern Mutual C.A.R.E. (Costs, Accountabilities, Realities, Expectations) Study, "Three in ten Americans identify as current/past caregivers and more than 1 in 5 (22%) expect to become caregivers in…Read More

Being Thankful and Sharing Your Blessings
  • By: Solutions Law Group LLC
  • Published: November 27, 2018

Americans the nation over celebrated Thanksgiving last week, counting their blessings. It's a time for sharing stories and meals, and family traditions. In his "Being Thankful and Sharing Your Blessings" blog, our American Academy of Estate Planning Attorneys colleague, Steve Hartnett, looks at ways to share your financial blessings as well - without a big tax bill. CLICK HERE for the skinny.Read More

Caregiver Awareness Month Spotlight: Unpaid Eldercare
  • By: Solutions Law Group LLC
  • Published: November 20, 2018

November is Caregiver awareness month here in the United States. In today's blog we're focusing on unpaid, or informal eldercare - unpaid caregivers (be they spouses, children, partners, neighbors or others) who provide assistance to elders with activities of daily living. This assistance can range from routine tasks such as meal preparation, assistance with shopping or medical appointment setting and transportation - to bathing, dressing and feeding. As you will see, there is a whole lot of responsibility being shouldered by millions. BY THE NUMBERS According to a 2017 Bureau…Read More

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