The M&B Weekly     
May 20, 2013  
 
Please feel free to share this e-letter with anyone else you feel may benefit from the information it provides. Also, e-mail us at firm@margolis.com if you have questions we might be able to answer or an announcement you would like to spread. 
Jane Dobisz
In this issue...
MassHealth Releases Money Follows the Person Regulations
Real Estate Trends for Boomers & Seniors
Beware Hidden Costs of Mutual Funds
RESOURCE: 3LPlace Transition Curriculum, Phase One
  
(617) 267-9700

 

Beware Hidden Costs of Mutual Funds- Massachusetts

Quick Links



            EVENTS


 
MassHealth Releases Money Follows the Person Regulations

MassHealth has released immediately-effective

regulations designed to permit anyone receiving institutional care in a nursing home or chronic care hospital to move to the community, whether to their own home or to a group home. The regulations, unfortunately, are complicated with both financial and clinical eligibility depending in part on the beneficiary's age and type of disability. But the goal is to permit more people to receive care in a non-institutional setting.

Patients and their families should contact their provider agency or an elder law or special needs planning attorney to learn whether they may be eligible for community benefits under this expanded program.

Real Estate Trends for Boomer & Seniors

 

On Tuesday, June 18th, Harry S. Margolis will present at a MCLE program on Real Estate Issues for Boomers & Seniors, which is an opportunity to gain information and strategies to handle the real estate, estate planning, and related issues that your clients may confront in the current real estate market and beyond.  Understanding the statutory, regulatory, and contractual framework for each housing arrangement is vital for practitioners involved in estate planning and real estate transactions. 

 

The program will take place on Tuesday, June 18th, from 9:00 a.m. to noon at MCLE located on 10 Winter Place in Boston.  Participants can also participate by webcast.

 

Click here to learn more.

Beware Hidden Costs of Mutual Funds - Massachusetts

 

A recent article in Forbes Magazine,

it  estimates that the average annual cost
of owning mutual funds is about 3% for retirement plans and 4% for taxable investments. This does not include any cost charged by a financial advisor or 401(k) manager. Over time, these costs can easily

cut the value of a retirement plan by more than 50%. 

 

Owning index funds or a diversified portfolio of individual stock allows one to avoid any hidden costs and control one's own fate in terms of realizing capital gains.

 

Click here to learn more.

RESOURCE: 3LPlace Transition Curriculum, Phase One   

 

   

3LPlace is a community dedicated to empowering adults with autism and other developmental disabilities to lead joyful, connected, productive and meaningful lives.  Autism is known for its heterogeneity; one approach or system will never "fit all."  With a collaborative team compromised of over 30 multidisciplinary experts (educators, clinicians, health experts, and academicians) in the field of autism, the 3LPlace has developed a comprehensive transition curriculum.

 

It's website provides a curriculum which is free to families, educators, and non-profit organizations.

 

Click here to learn more. 

Green News
 
When preparing your estate plan, remember that you can incorporate your green practices so that your wishes are carried on.  This can often be part of the section on tangible personal property found in your will.  At Margolis & Bloom, our clause authorizes your Personal Representative to donate things as well as recycle.  green news