In a case involving a teen who was catastrophically injured, the U.S. Supreme Court has ruled that state Medicaid programs may be repaid from settlement funds for future medical expenses.
DetailsIf you need a lot of cash on hand upon retirement, Social Security offers a lump-sum payment option that’s worth six months of retroactive benefits. However, it comes at a cost. It is important to understand the details before agreeing to the payment.
DetailsParents usually want to leave their children equal shares of their estate, but equal isn’t always fair. If you plan to provide more (or less) for one child in your estate plan, preparation is important.
DetailsAn intentionally defective grantor trust allows wealthy families to transfer assets from one generation to the next while achieving significant tax savings. IDGTs are especially useful if you have assets that will appreciate significantly over time.
DetailsThe COVID-19 pandemic has caused nursing home staffing shortages across the United States, even forcing facilities to close, but some states have been hit harder than others.
DetailsDid you know you could be responsible for your parents’ unpaid bills? More than half of all states currently have laws making adult children financially responsible for their parents. However, these laws are rarely enforced.
DetailsCongratulations to MSW partners Kristen Prull Moonan and Amy Stratton who were again honored with the Professional Excellence in Law award by Rhode Island Monthly. They were recognized in the area of Wills, Estates & Trusts for the fourth year in a row. Honorees were nominated and chosen by their peers, exemplifying the leading local…
DetailsIf you apply for long-term care assistance through Medicaid and your application is denied, the situation may seem hopeless. The good news is that you can appeal the decision.
DetailsRunning a small business can keep you busy, but it should not keep you from creating an estate plan. Not having a plan in place can cause problems for your business and your family after you are gone.
DetailsLeaving a nursing home to return home is a goal for many residents and their families, but it requires careful consideration. While returning home is a good move for some, it won’t work for everyone.
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