Page 16 THE EVERETT ADVOCATE – FRiDAy, AugusT 26, 2022 Joint Investment Accounts And Masshealth A ny asset, with the exception of joint bank accounts, owned by two or more single individuals is presumed to be owned in equal shares, unless a different percentage of ownership is substantiated. For example, a joint brokerage account with Fidelity owned by a parent applying for MassHealth benefits owned jointly with his or her son would only be a countable asset for eligibility purposes to the extent of 50% of that account value. Joint bank accounts, on the other hand, will be counted in full for MassHealth eligibility purposes, unless the other joint owner can prove contribution towards the balance in the bank accounts. LEGAL NOTICE CITY OF EVERETT, MASSACHUSETTS PLANNING BOARD PUBLIC HEARING NOTICE Public Hearing on an application by 530 2nd Street LLC Property located at: 530 & 535 Second Street Site Plan Review, Inclusionary Zoning, and Determination of Material Change In accordance with the provisions of M.G.L Chapter 40A and with Sections 5, 6, 19, and 32 of the Everett Zoning Ordinance, the Everett Planning Board will conduct a public hearing on Wednesday, September 7, 2022 at 6:00PM in the Speaker George Keverian Room (Room 37, Everett City Hall) to consider the above-listed application for Site Plan Review, Special Permit for Inclusionary Zoning, and determination of material change pursuant to M.G.L. Chapter 40A §16. The original proposal, approved by the Planning Board on October 25, 2021, contemplated the construction of two separate, multifamily residential buildings, with Building 1 having a height of 70’ and containing 106 units and Building 2 having a height of 65’ and containing 27 units. The new proposal contemplates an alteration of Building 1 (located at 530 Second Street), removing a story from the building, reducing the height to 60’, reducing the unit count to 84 units, and adding off-street dedicated loading spaces for package delivery and ride-share drop off. Building 2 (located at 535 Second Street) has been approved by both the Planning Board and Zoning Board of Appeals and, therefore, contains no deviations from the original plan. Applicant seeks to amend the Inclusionary Zoning Special Permit to align with the new unit count, proposing that 11 of the units be designated as affordable. 530 Second Street is a parcel of land referenced by Assessor’s Department as K0-07-000001 & K0-07-000002. A copy of the application and plans are on file and available in the Office of the City Clerk and the Department of Planning and Development, both located at City Hall, 484 Broadway, Everett, MA 02149 and can be inspected online anytime at http://www.cityofeverett.com/449/Planning-Board or by request during regular City Hall business hours by contacting The Planning and Development Office at 617-3942334. All persons interested in or wishing to be heard on the applications may attend and participate in person. This project, along with all other projects to be discussed at the meeting, can be found on the posted Agenda at the following link: http:// www.cityofeverett.com/AgendaCenter. comments can be directed in advance of the public hearing to Matt Lattanzi of the Department of Planning & Development at Matt.Lattanzi@ci.everett.ma.us or 617-394-2230. Frederick Cafasso Chairman Everett Planning Board August 19, 26, 2022 The longer the joint brokerage account has been established, the more likely that MassHealth would only count 50% of the value of the account upon submitting an application for MassHealth benefits. If you were to open up a joint brokerage account several months prior to applying for MassHealth, it is likely the application would be denied as MassHealth would proceed to count 100% of the value of the account as opposed to 50%. The adding of a child as a joint owner of the brokerage account would be treated as a disqualifying transfer subject to the five-year look back period. If you are concerned that a loved one, who is not married, and who may be in need of nursing home care well within the next five years, it might be worthwhile looking into takTESTIMONY | FROM PAGE 14 tive) Irish Clowns’ is how the mayor … describe a prominent Everett Irish family in one such exchange.” The problem was, both Resnek and Philbin knew that the text in question didn’t belong to the mayor, but Greg Antonelli, owner of GTA Landscaping and Construction, an individual with whom Resnek himself had developed a relationship. According to the complaint, the defendants knowingly published the article despite being in possession of the actual text message which proved it wasn’t sent by the mayor but by Antonelli. Antonelli invoked the Fifth Amendment right not to incriminate himself when deposed in this case about his communications with Resnek. “Not only did Mr. Resnek and/ falsely attribute this text to Mr. DeMaria, he concealed Mr. Antonelli’s identity as the actual author of the text as well as the fact that Mr. Antonelli was referring to the Philbins, Questions and Mr. Resnek’s self-described “partners.” In an ironic twist, Resnek, in the current election year, is publishing stories for the challenger in a state representative race. Given that his candidate has no experience as a community leader or held an elected office, Resnek has decided to fabricate more lies in another desperate attempt to unseat a popular incumbent. “Mr. DeMaria demands a trial by jury on all counts so triable,” states the complaint. Resnek will be once again be deposed on Sept. 1st . ing some bank account monies and transferring them to a brokerage account in the name of the person who will soon be entering the nursing home and a son or daughter. If enough time goes by after the establishment of such an account, at least half of the monies will be protected. If MassHealth took the position that the entire account is countable, then excess assets in that situation could be transferred to a pooled trust depending upon the particular facts and circumstances. The pooled trust will take the excess countable assets off the table and convert them to non-countable assets held by the non-profit pooled trust entity. Monies can be spent on the nursing home resident on items and services not covered by MassHealth. There is a payback provision to MassHealth and there is an amount that will be retained by the charity depending on how long the recipient of MassHealth benefits resides in the nursing home. Even a Medicaid annuity should be looked at as another option of protecting as much money as possible. Countable assets are converted to a non-countable income stream that would have to be paid to the nursing home. By doing this, you would at least be able to obtain approval for MassHealth benefits. Joseph D. Cataldo is an estate planning/elder law attorney, Certified Public Accountant, registered investment advisor, AICPA Personal Financial Specialist and holds a masters degree in taxation. - LEGAL NOTICE - COMMONWEALTH OF MASSACHUSETTS THE TRIAL COURT PROBATE AND FAMILY COURT Middlesex Probate and Family Court 10-U Commerce Way Woburn, MA 01801 (781) 865-4000 Docket No. MI22P4208EA Estate of: CHARLES W CRAFTS Date of Death: 12/09/2017 CITATION ON PETITION FOR FORMAL ADJUDICATION To all interested persons: A Petition for Late and Limited Formal Testacy and/or Appointment has been filed by Rose Viviano of Syracuse, NY requesting that the Court enter a formal Decree and Order and for such other relief as requested in the Petition. The Petitioner requests that: Rose Viviano of Syracuse, NY be appointed as Personal Representative(s) of said estate to serve Without Surety on the bond in unsupervised administration. IMPORTANT NOTICE You have the right to obtain a copy of the Petition from the Petitioner or at the Court. You have a right to object to this proceeding. To do so, you or your attorney must file a written appearance and objection at this Court before: 10:00 a.m. on the return day of 09/09/2022. This is NOT a hearing date, but a deadline by which you must file a written appearance and objection if you object to this proceeding. If you fail to file a timely written appearance and objection followed by an affidavit of objections within thirty (30) days of the return day, action may be taken without further notice to you. UNSUPERVISED ADMINISTRATION UNDER THE MASSACHUSETTS UNIFORM PROBATE CODE (MUPC) A Personal Representative appointed under the MUPC in an unsupervised administration is not required to file an inventory or annual accounts with the Court. Persons interested in the estate are entitled to notice regarding the administration directly from the Personal Representative and may petition the Court in any matter relating to the estate, including the distribution of assets and expenses of administration. WITNESS, Hon. Maureen H. Monks, First Justice of this Court. Date: August 12, 2022 TARA E. DeCRISTOFARO REGISTER OF PROBATE August 26, 2022
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