MA Appeals Court Decision a Relief to Seniors Doing Nursing Home Planning
Channel: Chris Grande
Date: 2016-05-18

After years of turmoil with Massachusetts elders not knowing if their trust assets would be protected from nursing home costs, the MA Appeals court has settled the argument (for now).

Here's my planning update on this very important topic.

Historically, thousands of seniors place assets into irrevocable trusts hoping those assets would eventually be protected from nursing costs. 

However, over the past 7 years, Masshealth, MA's office of Medicaid, has been denying nursing home applicants due to an argument that the irrevocable trusts owned by the applicants were fully accessible to the applicants and therefore couldn't apply for government aid.

In 2009, a case related to this topic  - the MA Appeals "Doherty" decision didn't settle this issue:
http://snip.ly/emdj1#http://masscases.com/cases/app/74/74massappct439.html

So it took 7 more years and the Heyn case to do it:
http://masscases.com/cases/app/89/89massappct312.html

Now MA elders can relax for a while as the nitpicky points that Masshealth (Massachusetts' version of Medicaid) brought up to deny Medicaid claims due to trust assets have been settled. 

Thanks for watching. Let me know if I can help.

Remember to 80/20 Your Money (and your entire life!

Warmly,

Chris Grande
http://chrisgrande.com/
Belmont, MA and Marin County, CA

Schedule a call/video call:
http://wha.setmore.com/


Note:

My articles and videos are meant to be educational and not specific advice. I assume my readers are big boys/girls and understand that, but in today’s climate I have to tell everyone again anyways – people might do something dumb and go hurt themselves! (like stick a fork in an electric socket or something – don’t do that!). Consult a qualified advisor before attempting financial strategies that you don't fully understand.