Retirement Plans

Start your retirement planning early. Ask Olga Karman; she had to start her retirement plan in a hurry, because before she knew it she was 48 years old wondering where she was going to get her retirement money from.
"I really had to cut back," said Karman, "I sacrificed like you wouldn't believe, and I was not shy about buying secondhand clothes."

Retirement planning; Elder Law Attorneys; Boston, Raynham and Andover Massachusetts

As soon as Karman realized she was so close to retirement, she hurried and started making very large contributions to different savings and investment accounts. She even bought a long-term care insurance policy. For any normal person to do this would not be easy. Sacrificing and cutting back on everything is a very hard thing to do.

Social Security fate concerns Elder Law Attorneys Cohen & Oalican

Nobody knows the fate of Social Security right now, and almost all employer-paid pensions are no longer existent. More and more people are starting to wonder if they will be fit for retirement or not. For many people, that is a very scary thing to think about.

Don’t let this happen to you. Start planning for your retirement as soon as possible.

Finding a safe Nursing Home through Medicaid, Probate and Estate planning and Estate Preservation

The Centers for Medicare and Medicaid have made some major improvements to help us make the right choice for our loved ones nursing home placement. But is it enough?

Nursing home changes in medicare: protecting your family with Elder Law Attorneys Cohen & Oalican

• It is now easier to file complaints about nursing homes by making links on their website "stand out" that will link you directly to state survey agencies websites.
• Nursing home "resident rights" section "stands out" more. This section provides information on how consumers can take action if their rights are violated. This section also includes information on the Ombudsman program (Long-Term Care).
• All new page on their website for "Finding and Comparing Nursing Homes".

"Living Longer on Less in Massachusetts:"

These tough economic times have made it increasingly difficult for many Massachusetts seniors to make ends meet. The Institute on Assets and Social Policy recently released a report entitled: "Living Longer on Less in Massachusetts: The New Economic (in)Security of Seniors." This report highlights some of the financial difficulties faced by seniors today and discusses proposed changes to the law.
The study identified five factors critical in determining the economic stability of seniors. These factors are: Housing costs, healthcare expenses, household budget, home equity, and household assets. According to the study, 68 percent of all senior households in the state are financially at risk. Single and widowed seniors face the greatest financial hardships. The study recommended that seniors meet minimum financial criteria to be considered financially stable. To view the criteria and the proposed changes to state law, click on the following link to read the article in it's entirety:
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If you have any questions pertaining to Medicaid, guardianship, or other elderlaw issues, please feel free to contact us at scohen@cohenoalican.com or eoalican@cohenoalican.com or by phone at (617) 263-1035 Boston or (508) 821-5599 Raynham