Law Office of Joblin C Younger, P.C.

Law Office of Joblin C Younger, P.C. The Law Office of Joblin C. Younger, P.C. offers counsel to clients in the areas of trust, estate an

Office updates are underway for a post-COVID world! Stay tuned!
03/13/2021

Office updates are underway for a post-COVID world! Stay tuned!

10/15/2020

Office Update! Clients are asking (with the change in weather), how can we meet safely during the COVID pandemic this winter? There are several options:

1. Telephone call;
2. Zoom video conference;
3. In-Person (in our separate vehicles);
4. In-Person (outdoors, masks, sanitized table/chairs, *weather dependent*); and
5. In-Person (indoors, masks, sanitized surfaces, air purifiers, shield divider).

We also changed how we prepare for in-person office meetings, including:

1. A safer office environment (more segregated air flow, air purifiers, plexiglass shields, and sanitized pens/paper);
2. Scheduling meetings (the number of in-person meetings is limited per day, and we leave time between meetings to sanitize and circulate fresh air);
3. We will take your temperature and ask you to complete a COVID exposure questionnaire when you arrive; and
4. We ask you to bring your own mask, pen, note pad, and photo ID.

We're taking, COVID and our collective health, seriously.

Joblin C. Younger, Esq.
978-927-7238
[email protected]

04/17/2020

I spoke with 7 News' Hank Phillippi Ryan about the need for a (temporary!) law to permit signing important legal documents via video conference during the COVID-19 pandemic. Check it out here at 6:00PM: https://whdh.com/on-air-live-stream/

09/03/2019

Last week MassHealth changed the rules again (i.e. moved the goalpost) -- it announced a major change in the valuation of life estates in qualification of long-term care benefits.

As of today, Sept. 3, 2019, MassHealth will use the Social Security Administration's Life Estate and Remainder Interest Table. Prior to today the IRS's valuation method was used (which is fairly complicated and reliant on the then current interest rate -- called the 7520 rate) but reduces everything down to a fair market value in the current economic climate.

This change is unfortunate, but unsurprising, because the SSA tables generally give a larger percentage to the life estate holder than the IRS tables do, which means that MassHealth can collect more from applicants, and their families, than they could before.

For comparison, the SSA tables are roughly equivalent to the IRS tables at about 8.0-8.2% interest rate climate (we are currently at 2.2% 7520 interest rate). In dollars and cents: if a house were sold for $300,000 by a 73 year old with a life estate, the elder's life estate is valued as $166,713 or 55.571% by the SSA and $67,905 or 22.635% by the IRS. This means MassHealth can now go after an additional $98,808!!!

You can read the Eligibility Operations Memo, #19-12, here:

04/15/2019

Happy Marathon Monday! (It's also April 15th....Tax Day (nationwide), but for MA & ME, our taxes are due on the 17th this year!). Good luck to all the runners and return preparers/filers! You can do it!

04/09/2019

I’m presenting at MCLE this morning on fixing broken trusts through decanting, non-judicial settlements, and jurisdiction shopping...great program!

01/08/2019

Today's Supreme Judicial Court opinion in Ciani v. MacGrath provides clarity to the little known "Spousal Elective Share" codified in General Law Chapter 191, Section 15. You can read it here (for about two weeks until it matures from a "slip opinion" to an "opinion"):

Happy day (and Happy Thanksgiving!!!)! Today I took the oath of office as Public Administrator of Suffolk County. This i...
11/21/2018

Happy day (and Happy Thanksgiving!!!)! Today I took the oath of office as Public Administrator of Suffolk County. This is my second 5-year commission. My duties are to administer estates of people who reside in Suffolk County where they leave no last will and testament, locate heirs and distribute the assets according to the laws of intestacy. I also serve as a neutral fiduciary in other cases.

If you have any questions about estate administration, I’m happy to discuss them with you. www.youngertaxlaw.com (Ph: 978-927-7238; Email: [email protected]).

The Law Office of Joblin C. Younger, P.C. represents individuals and families in their estate planning and administration needs from initial discussions to dutifully carrying out final wishes. Attorney Younger has in-depth experience in trusts and estates planning and administration from simple will...

Address

3 Ellis Square
Beverly, MA
01915

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

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