Estate Planning & Administration

Navigating healthcare programs like Medicare and Medicaid in Rhode Island can be challenging, particularly when it comes to understanding the differences between the two programs. Both are crucial for providing healthcare coverage to millions of Americans, yet they serve different populations and offer varying types of coverage. Let’s break down some of the key differences […]

As we approach Medicare’s open enrollment period for 2024, it’s crucial for beneficiaries to be well-informed and prepared. This year, Rhode Island faces a notable shift, with only three managed care payors available for selection during the annual enrollment period (AEP). Previously, beneficiaries had five options, but with two payors pulling out of the state,

Navigating the decision to sell your home while considering long-term care needs, such as assisted living or nursing home care, can be complex and emotionally challenging. The process involves not just the logistics of selling a property but also understanding how the proceeds will impact both your financial and healthcare situations. Here is a guide

Creating or updating your estate plan can be daunting. Key to a successful plan is your ability to answer two major questions: Who will inherit your assets, and how do you want those individuals or charities to receive them? Methods For Distributing Your Money And Property Outright One way to distribute your money and property

As artificial intelligence becomes more pervasive in our daily lives, many wonder if AI programs can handle estate planning for them — a dilemma a Warwick, RI trust lawyer is very familiar with. While AI might be capable of creating basic documents like simple Wills, their validity and enforceability are not assured. Proper information provision

When crafting a detailed estate plan, several considerations come into play as a North Kingstown, RI estate planning lawyer can explain. A key decision is whether – and how much – to disclose about your plan to your loved ones. Given the complexity and sensitivity of estate planning, this decision often hinges on the nature

When a loved one passes away there is so much to attend to, in addition to the immediate emotional toll, there are added tasks to be handled. Such as reaching out to family members, making funeral arrangements, and settling your loved one’s Estate. This can include the transfer of property and assets to the heirs

When an adult person, the “Ward,” has a disabling condition rendering them incapable of making some or all decisions about health care, finances, resident and/or relationships, a Guardian may be appointed. Like all legal processes, steps must be taken to achieve this. Below are some of the duties you can expect as the Guardian of

Navigating the complexities of estate taxes is a critical component of estate planning. At McCarthy Law, LLC, we specialize in guiding our clients through the intricacies of these taxes to ensure their estate plans are as tax-efficient as possible. Our North Kingstown, RI estate planning lawyer understands the nuances of estate tax laws and how