| Wills and Powers of Attorney Can Be Tailored for Multiple States |
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Do you need separate estate planning documents if
you spend part of the year in different states or own
real estate in more than one state? The Wall
Street Journal recently answered this question
raised by a reader, quoting Margolis & Associates
managing attorney Harry S. Margolis. While wills from
one state will be honored in another, when the
decedent owns property in more than one state it will
be necessary to probate his estate in each state. This
can be avoided by putting property in revocable trusts.
One power of attorney should
also suffice, as long as it's written generally enough to
be recognized in as many states as possible.
However, some banks and
investment firms may be reluctant to honor a power of
attorney regardless of whether it complies with state
law.
Putting property in a revocable trust can also
circumvent such a problem.
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| Dr. Muriel Gillick Explores Aging in the United States |
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"Figuring out how to live to age 140 may not be
imminent, but we do have in our midst today some
examples of people who live to a ripe old age with
hardly any medical problems and very little disability.
Centenarians, of whom there were slightly over
88,000 in the United States in the year 2004, come
close to the prolongevist ideal and might provide
valuable clues to successful aging...Centenarians
have something important to teach. Often they have
wisdom arising from their accumulated experiences
which they enjoy sharing, and which they are able to
share because they are not burdened by multiple
maladies, each with its own demanding regimen of
pills, monitoring tests, and physician visits..."
At Margolis & Associates' March First-Monday
Lunch, Dr. Gillick, a geriatrician and
palliative care specialist with Harvard Vanguard
Medical Associates, an Associate Professor in the
Department of Ambulatory Care and Prevention of
Harvard Medical School, and author of The Denial
of Aging: Perpetual
Youth, Eternal Life, and Other Dangerous
Fantasies read numerous excerpts and
vignettes from her book, like the one above. She used
true life stories and experiences, to exemplify and
explore some major domains of the denial of aging in
America, including the importance of intermediate
healthcare, the significance of where an elder
chooses to live, and the concepts of "immortality" and
the "meaning of life."
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| PACE Provides Comprehensive Model of Care to Elderly Living at Home in Designated Areas of Massachusetts |
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The Program of All-Inclusive Care for the
Elderly (PACE) model of care, financed by Medicare
and Medicaid, provides a comprehensive
package of services designed to maintain
frail elderly in the community. Participants
must be at least 55 years old, live in one of
the specified PACE service area in
Massachusetts, be eligible for nursing home
level of care, and able to live safely in the
community. Participants receive all of their medical
care through their PACE program, whose aim is to
enable them to remain living in the community for as
long as possible.
Massachusetts has more PACE programs than any
other state. The following are PACE service areas in
Massachusetts. You can call the Elder Service Plan,
at 617/296-5100, to see if you are geographically and
clinically eligible for a PACE program.
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| Professor Madoff to Address MBA Probate Litigation Group |
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Tomorrow,
Tuesday, March 20, at 5:00 p.m., Boston College Law
School's Professor Ray Madoff, lead
author of Practical Guide
to Estate Planning (CCH), will speak
on “Everything
You Always Wanted to Know about Mediation in Will
and Trust Disputes *But Were Afraid to Ask” to the Massachusetts
Bar Association's Probate Litigation Group at the
MBA located at 20 West Street in
Boston.
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India Minchoff Joins Margolis & Associates Of Counsel |
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India L.
Minchoff, Esq., of The Law Offices of Russo & Minchoff, has joined
Margolis & Associates as Of Counsel. She will expand
the firm's legal services to include litigation,
particularly representation regarding probate and
guardianship matters and will contests.
A graduate of the Universit of California at San Diego
and Suffolk University Law School, Attorney Minchoff is
a member of the American Bar
Association of Trial Lawyers, the Massachusetts Bar
Association, the Massachusetts Association of Trial
Attorneys, the Massachusetts Bar, the California Bar,
and the First Circuit Federal Bar.
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