Page 26 THE EVERETT ADVOCATE – FRiDAy, DECEmbER 16, 2022 11. On Dec. 19, 1843, what Charles Dickens novella subtitled “In Prose. Being A Ghost Story of Christmas” was published? 1. What comic strip was originally called “Take Barney Google, F’rinstance”? 2. On Dec. 16, 1773, what event took place in Boston Harbor? 3. Who serves the Figgie pudding in “A Christmas Carol”? 4. What was named Elsie and born in Brookfield, Mass., at Elm Hill Farm in 1932? 5. On Dec. 17, 1894, what conductor was born in Boston, Mass.? 6. What Greek god’s name is also the name of a flute? 7. Where is the Wizard of Oz’s home? 8. On Dec. 18, 2002, what second film of the “Lord of the Rings” films was released? 9. In the Philippines, for the Christmas season starshaped lanterns made of paper and bamboo are traditional; is bamboo a wood? 10. In December 1963 what rock and roll singer/dancer married Miss World Catharina Lodders? 12. Traditionally, what Italian cake is eaten at Christmas? 13. Reportedly, this fall a gang of what has been alarming Woburn residents? 14. On Dec. 20, 1946, the film “It’s a Wonderful Life” premiered; who starred in it? 15. Last month the Scottish Football Association banned what professional soccer training practice around match time? 16. December 21 in the United States is the shortest day and longest night – otherwise known as what? 17. In December 2019, Zach King posted “Zach Kings Magic Broomstick” – captioned “They rejected my application to Hogwarts, but I still found a way to be a wizard” – as of March 2022 the most viewed video on what, according to Guinness World Records? 18. Do just dogs have canine teeth? 19. On Dec. 22, 1862, Cornelius Alexander McGillicuddy – also known as “Connie Mack” and the “Tall Tactician” – was born in East Brookfield, Mass.; what sport did he play and manage? 20. What 1971 movie has the tagline, “It’s scrumdiddlyumptious”? ANSWERS The Primary Residence, Married Couples and Masshealth I n Massachusetts, as long as one spouse continues to live in the primary residence, the home will not be a countable asset for MassHealth eligibility purposes, regardless of its value. Furthermore, MassHealth cannot file a lien against the property as long as one spouse remains living in the home. Beginning in 2023, the maximum equity in a single person’s home can be up to $1,033,000. If the equity is over that amount, the home will be a countable asset for Medicaid eligibility. Your Hometown News Delivered! EVERETT ADVOCATE MALDEN ADVOCATE REVERE ADVOCATE SAUGUS ADVOCATE One year subscription to The Advocate of your choice: $150 per paper in-town per year or $200 per paper out-of-town per year. Name_________________________________________ Address_______________________________________ City_______________ State_______ Zip ____________ CC# _______________________________ Exp. _____ Sec. code____ Advocate (City):___________________ Clip & Mail Coupon with Credit Card, Check or Money Order to: Advocate Newspapers Inc. PO Box 490407, Everett, MA 02149 If one spouse becomes eligible for MassHealth and the home is owned jointly, the home should be transferred to the spouse who is still living at home. The at home spouse could then transfer the home to an irrevocable Trust in order to commence the five-year look back period in the event the at home spouse subsequently ends up transitioning to a nursing home. The Trust would also serve to avoid probate in the event the at home spouse dies. If the house is not transferred to such a Trust and the at home spouse unexpectedly dies without having changed title to the deed, then the house would revert back to the spouse in the nursing home only to be subject to the estate recovery lien by MassHealth upon that spouse’s death. Therefore, continued joint ownership in situations like this is not a viable long-term option when one spouse is in a nursing home. Transfers between spouses are not disqualifying transfers and, consequently, are not subject to the five-year look back period. The subsequent transfer to the irrevocable Trust should only be completed after the nursing home spouse is approved for MassHealth benefits. Otherwise, the transfer taking place prior to such approval would be considered a disqualifying transfer. The transfer of the home from the nursing home spouse to the at home spouse can even take place prior to MassHealth approval. That will have no effect on the MassHealth application. The at home spouse will still have the right to use, occupy and possess the home while it is being held in the irrevocable Trust. If the at home spouse were to die, the Trust terms would be followed and most likely the home would be distributed free of all Trusts to the children in equal shares. The children would receive a cost basis in the home equal to the fair market value of the home at the time of the at home spouse’s death. If the home were to be sold shortly thereafter, in all likelihood, no capital gains tax would be paid. No Massachusetts estate tax would be paid if the total value of the at home spouse’s estate is less than $1million. I’m still waiting for the Massachusetts legislature to at least increase the exemption to $2million. New Hampshire has no estate tax. Maine will be exempting up to $6million the start of the year. Connecticut’s current estate tax is not assessed until the estate is valued over 9.1million. Just a few examples. Joseph D. Cataldo is an estate planning/elder law attorney, Certified Public Accountant, Certified Financial Planner, AICPA Personal Financial Specialist and holds a master’s degree in taxation. “Barney Google and Snuffy Smith” The Boston Tea Party Mrs. Cratchit The Borden cow that appeared in ads and movies Arthur Fiedler Pan Emerald City “The Two Towers” According to the dictionary, it is a woody or arborescent grass. Chubby Checker “A Christmas Carol” Panettone Turkeys James Stewart Heading the ball The Winter Solstice TikTok No; many animals, including humans, have them. Baseball (for the Philadelphia Athletics) “Willy Wonka & the Chocolate Factory”
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