Posts by Frank Grimaldi

Divorce During the Coronavirus Crisis

As we have seen with the Coronavirus risk, market fluctuation can be significant.  For example, since the beginning of the year, Norweigan Cruise lines stock is down 39% and American Airlines stock has dropped 37%. Both cruise and airline industries have been hit hard by the Coronavirus fear.  So, if a spouse receives cash in…
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Scams & Financial Abuse

Elders are often victims because they may be cognitively impaired. They’re often alone or have no one with whom they can confer; no one to watch over them. They often have a lifetime worth of assets, making them all the more attractive to criminals. Diminished capacity and assets feed opportunistic cyber criminals. The two main…
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Reverse Mortgage, HECM

Retirement Planning & Home Equity

Accessing Home Equity For the majority of older Americans thinking about retirement planning, their single greatest asset is their home. Today’s seniors are facing a confluence of factors which make maintaining their standard of living, and providing for their care increasingly difficult. The average 75 year old American has less than $30k in liquid savings,…
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Harassment Prevention Orders and Your Attorney-in-Fact

Following the 2015 Massachusetts Appeals Court decision in Petriello v. Indresano it is established law that your attorney-in-fact may seek a harassment prevention order under M.G.L. c. 258E. This result can prove to be a double edged sword in the context of elder abuse. This ruling in one sense champion’s elders rights as a legitimate…
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Testamentary Capacity: Is Your Loved One of Sound Mind and Able to Write a Valid Will?

Recently, a longstanding client contacted our office to discuss estate planning options available to her mother who was rapidly declining, both physically and mentally. Mother, she noted, was showing signs of confusion and increasing memory loss. Mother, who knew she was suffering from a mental decline, wanted to write her will but she was concerned…
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Helping Parents Take Control of End of Life Decisions

As you return to your childhood home this season, there may be more on your mind than just turkey and presents. You may be wondering how to approach the issue of your parents’ aging and whether they have taken the necessary legal steps to protect themselves physically, medically and financially. It is often a topic…
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Here at the Cambridge Law Office of Frank V. Grimaldi, we pride ourselves on presenting a compassionate and client-centric approach. Our firm is designed to take care of our customers during a time of stress and uncertainty.We understand that the legal system can intimidate and overwhelm anyone – we’re here to help find the answers and…
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