Page 20 THE EVERETT ADVOCATE – FRiDAy, MAy 19, 2023 City of Everett Income-Restricted Rental Opportunity The Mason 101 Mill Road Everett, MA 02149 # of Units 5 7 5 17 Income-Restricted Rental Units # of Bedrooms Studio 1-Bedroom 2-Bedroom Minimum Incomes (set by owner + based on # of bedrooms Median Income (AMI) + Area # of Bedrooms Studio 1-Bedroom 2-Bedroom $54,030 $61,320 $68,040 Rent* $1,801 $2,044 $2,268 Maximum Income Limit (% AMI) 80% 80% 80% # of Units built out of Mobility Impairments 3 5 - *Rent does not include utilities. Tenants are responsible for all utilities, including cable & internet. Maximum Incomes (set by HUD + based on household size + Area Median Income (AMI) + Area Household Size 1 2 3 4 5 6 Maximum Income (80% AMI) $78,300 $89,500 $100,700 $111,850 $120,800 $129,750 *2022 Area Median Incomes for Boston, Cambridge, Quincy, MA-NH MSA. Minimum incomes do not apply to households receiving housing assistance such as Section 8, MRVP, or VASH. Applications are available during the application period, from Monday May 8th, 2023 — Saturday, July 8th, 2023 To request an online application or to have one sent by email, visit www.TheMasonLottery.com or email TheMason@MaloneyProperties.com or call (617) 639-3064 Ext 776. If you cannot complete the application online, please call us at (617) 639-3064 Ext 776 | US Relay 711, to request that we mail you one and to ask us for any support or guidance you might need to complete the application. Applications can also be picked up in-person at: Parlin Memorial Library 410 Broadway Everett, MA 02149 Monday – Thursday, 9:00am – 9:00pm Friday, 9:00 am – 5:00 pm Saturday, 10:00 am - 2:00 pm DEADLINE: Applications must be submitted online, faxed, or postmarked no later than Saturday, July 8th, 2023 Mailed to: Maloney Properties, Inc. Attn: The Mason Lottery 27 Mica Lane, Wellesley, MA 02481. Information Sessions: Attendance at the information sessions is not required. Both sessions will be recorded and posted to the website. Wednesday, May 17th, 2023 @ 6pm Join Zoom Meeting https://maloneyproperties.zoom.us/j/83620376508?pwd=VUtQaW92L1RQWkszVmVKa1NUNU5hdz09 Meeting ID: 836 2037 6508 Passcode: 569652 One tap mobile +13017158592,,83620376508#,,,,*569652# US (Washington DC) +13052241968,,83620376508#,,,,*569652# US Wednesday, May 24th, 2023 @ 12pm Join Zoom Meeting https://maloneyproperties.zoom.us/j/83620376508?pwd=VUtQaW92L1RQWkszVmVKa1NUNU5hdz09 Meeting ID: 836 2037 6508 Passcode: 569652 One tap mobile +13017158592,,83620376508#,,,,*569652# US (Washington DC) +13052241968,,83620376508#,,,,*569652# US ● Selection by Lottery. Use & Occupancy Restrictions apply. ● Preference for Households with at least 1 person per bedroom. ● Preference for Households with Mobility Impairments for ADA units. For more information, language assistance, or reasonable accommodations for persons with disabilities, please call (617) 639-3064 Ext 776 or email TheMason@MaloneyProperties.com. Equal Housing Opportunity Say nir Sa a y Senior Seni by Jim Miller How to Prepare a Will Dear Savvy Senior, I would like to make my last will and testament and would like to know if I can do it myself, or do I need to hire a lawyer? Don’t Have Much Dear Don’t, Very good question! Almost everyone needs a will, but only around onethird of American have actually prepared one. Having a last will and testament is important because it ensures your money and property will be distributed to the people you want to receive it after your death. If you die without a will (a.k.a. dying “intestate”), your estate will be settled in accordance with state law. Details vary by state, but assets typically are distributed using a hierarchy of survivors i.e., fi rst to a spouse, then to children, then your siblings, and so on. You also need to be aware that certain accounts take precedence over a will. If you jointly own a home or a bank account, for example, the house, and the funds in the account, will go to the joint holder, even if your will directs otherwise. Similarly, retirement accounts and life insurance policies are distributed to the beneficiaries you designate, so it is important to keep them up to date too. Do You Need a Lawyer? Not necessarily. Creating a will with a do-it-yourself software program may be acceptable in some cases, particularly if you have a simple, straightforward estate and an uncomplicated family situation. Otherwise, it’s best to seek professional advice. An experienced lawyer can make sure you cover all your bases, which can help avoid family confusion and squabbles after you’re gone. If you need help finding someone the National Academy of Elder Law Attorneys (NAELA.org), the National Association of Estate Planners & Councils (NAEPC.org) and the American College of Trust and Estate Counsel (ACTEC.org) websites are good resources that have online directories to help you search. Costs will vary depending on your location and the complexity of your situation, but you can expect to pay somewhere between $200 and $1,000 or more to get your will made. To help you save, shop around and get price quotes from several diff erent fi rms. And before you meet with an attorney, make a detailed list of your assets and accounts to help make your visit more effi cient. If money is tight, check with your state’s bar association (see FindLegalHelp. org) to fi nd low-cost legal help in your area. Or call the Eldercare Locater at 800-677-1116 for a referral. If you are interested in a do-it-yourself will, some top options to consider are Nolo’s Quicken WillMaker & Trust (Nolo.com, $99) and Trust & Will (TrustandWill.com, $159). Or, if that’s more than you’re willing to pay, you can make your will for free at FreeWill.com or DoYourOwnWill.com. It’s also recommended that if you do create your own will, have a lawyer review it to make sure it covers all the important bases. Where to Store it? Once your will is written, the best place to keep it is either in a fi reproof safe or fi le cabinet at home, in a safe deposit box in your bank or online at sites like Everplans.com. But make sure your executor knows where it is and has access to it. Or, if a professional prepares your will, keep the original document at your lawyer’s offi ce. Also, be sure to update your will if your family or fi nancial circumstances change, or if you move to another state. Send your senior questions to: Savvy Senior, P.O. Box 5443, Norman, OK 73070, or visit SavvySenior.org. Jim Miller is a contributor to the NBC Today show and author of “The Savvy Senior” book. nior ior
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