THE MALDEN ADVOCATE–Friday, August 28, 2020 Page 17 BILLS | FROM PAGE 16 fied professional midwives who provide home birth services, which are less expensive than hospital-based birth and associated with healthy birth outcomes, including lower rates of cesarean section and fewer postpartum complications. This credentialing process will standardize midwifery training and qualifications, provide consumers with transparent information when seeking a home birth and facilitate the hospital transfer process in the event of labor complications. On July 30 the House referred the bill to its Committee on Ways & Means. An Act relative to improving access to treatment for individuals with perinatal substance use disorder creates a special commission to study the barriers to substance use treatment for women in the perinatal period. This commission will bring together the Department of Mental Health (DMH), the Department of Public Health (DPH), the Department of Children and Families (DCF), MassHealth, the Bureau of Substance Abuse Services, and private partners with expertise in maternal mental health and substance use treatment to ensure all pregnant and postpartum women with substance use disorder have access to the care they need. On July 30 the House referred the bill to its Committee on Ways & Means. ~ LEGAL NOTICE ~ PUBLIC NOTICE CITY OF MALDEN LIQUOR LICENSING BOARD Notice is hereby given that a Public Hearing will be held before the Licensing Board for the City of Malden via Zoom Webinar on the 15th day of September, 2020 at 6:00 p.m. regarding the application of Evviva Trattoria Malden LLC (Name of Licensee) d/b/a Evviva Trattoria (Business Name) for an annual all-alcohol liquor license (Application Type) to sell alcoholic beverages as a Restaurant (Business Type i.e., Restaurant, Package Store) at 200 Exchange Street, Malden, MA. Application is being made for a 7 day license. All interested parties will be given an opportunity to be heard. REVOCABLE AND IRREVOCABLE SPECIAL NEEDS TRUSTS able estate. The assets held in this Trust will be solely for the benefit of the disabled beneficiary. You will not be able to draw assets out of such an irrevocable Trust in the event you need to access them. There is no payback proviT If a family, as part of an overall estate plan, has decided to move forward on the execution of a Special Needs Trust, a decision needs to be made as to whether or not the Trust will be revocable or irrevocable. There are advantages and disadvantages to both. Which one to choose will depend on the facts and circumstances that apply to a particular family. With a revocable Trust, you can alter or amend any of its terms, or event revoke it in its entirety. You can withdraw assets from the Trust at any time. The Trust can be changed over time to accommodate changes in family dynamics. Assets held in such a Trust will be considered yours, and will be reachable by creditors in a lawsuit. Assets in such a Trust will also be part of your taxable estate. With an irrevocable Trust, the assets held in such a Trust will not be reachable by your creditors. You will not have the right to alter, amend or revoke the Trust. If a completed gift has been made into the Trust, the assets held in the Trust will not be included in your taxsion for a special needs Trust funded by the parents’ assets. Upon the death of the special-needs child, the remaining assets held in Trust can be distributed to the beneficiaries surviving brothers and sisters, for example. When a special needs Trust is funded with the beneficiary’s own assets, there must be a payback provision contained within the Trust document. For example, MassHealth will be paid back for any Medicaid benefits paid on behalf of the special-needs child. The beneficiary of such a Trust might have received a settlement as part of a lawsuit. The Settlement proceeds may be placed in such a Trust in order to continue to be eligible for any and all governmental benefit programs. The special needs trust is designed to supplement, but not supplant, the beneficiaries necessary living expenses. Often times, there is a pourover provision in one’s Last Will and Testament which will serve to fund the special needs trust upon the death of the parent(s). In this situation, the special needs trust is not funded until the death of the parent(s). 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. You are invited to a Zoom webinar. When: Sep 15, 2020 06:00 PM Eastern Time (US and Canada) Topic: Liquor Board Public Hearing Please click the link below to join the webinar: https://zoom.us/j/91589219811?pwd=amZqTmwvNjFGSjdQdjI5QnZGc1EyZz09 Passcode: 115697 Or iPhone one-tap : US: +13017158592,,91589219811# or +13126266799,,91589219811# Or Telephone: Dial(for higher quality, dial a number based on your current location): US: +1 301 715 8592 or +1 312 626 6799 or +1 929 436 2866 or +1 253 215 8782 or +1 346 248 7799 or +1 669 900 6833 Webinar ID: 915 8921 9811 International numbers available: https://zoom.us/u/a272b8j7d Lee A. Kinnon, Chairman Andrew Zeiberg, Member Frances Lin, Member August 28 & September 4, 2020
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