What Is the Definition of Assets in Estate Planning?

What are assets? Are my rights to my assets protected under the law? Learn the basis of assets in Estate Planning.

Wealthy Retirees are Cautious on Spending

While the US economy is in a cycle of more than ten years of economic growth, its citizens, even the “wealthy” ones, are worried about running out of cash and are scared to spend.

Challenges and Solutions for Aging in Place in MidCoast Maine

According to AARP aging in place is a goal for 3 out of 4 Americans aged 50 or more.

Become a Tech Savvy Senior with These Tips

Digital literacy training will give a senior the confidence and skills they need to access information and online services.

When Is a Will Not Enough?

While a will is a necessary document, it is still a relatively simple document that may not cover everything you want it to.

Is Your Original Written Content Protected from Theft?

Learn how to protect the content you created for your business, clients and website. Learn about CopyRight.

Does Your Home-based Business Qualify for the Home Office Deduction?

If you are one of the many owners of a home-based small business, you should consider whether your home office meets the IRS requirements for the home office deduction, which is a sometimes overlooked way to reduce taxes.

Six Key Retirement Elements You Should Consider

Before you retire or leave full-time employment for other pursuits, consider the impacts of your decision on the financial well being of your future.

Tips for Helping Seniors Prepare for Winter

There are several ways that seniors and their loved ones can prepare for winter and the hazards that go along with the colder weather.

What Should You Include in a Letter of Intent?

A letter of intent can be a beneficial piece in estate planning.

Family Connection Helps Seniors Maintain a Positive Outlook

One cannot overstate the importance of family presence in a senior’s life.

What Records Do Small Businesses Need to Keep for Taxes?

The IRS does not require a specific type of record keeping system. Rather, you must simply use one that clearly shows your income and expenses.

What Seniors Should Know About Data Breaches

Data breaches have been one of the hot topics this year in the wake of the Capital One data breach which compromised nearly 100 million Americans.

Calculating the Hidden Cost of Alzheimer’s Disease

When policymakers consider the costs of dementias like Alzheimer’s disease, they consider both direct and indirect costs.

What your business needs to know about sales tax in Maine

Figuring out a business’s responsibility for collecting and remitting sales tax can be quite confusing for many business owners, especially those who are just starting a new business. If you make a mistake or fail to remit sales tax on time, your business could be subject to large fines or even lose the right to do business in a state.

Stay Mentally Sharp as You Age with These Tips

There are things you can do to keep the brain sharp, small daily habits which can reduce the risk of cognitive decline.

Senior Living Trends That May Take You by Surprise

Seniors are being presented with more living options than ever before.

Make Sure Your Power of Attorney is Powerful Enough

Powerful “power of attorney” (POA) documents are essential.

Safeguard Your End of Life Wishes

The importance of making end of life preparations cannot be stressed enough.

What is the job of a Successor Trustee in a Revocable Trust?

Sometimes Successor Trustees do much of the work involved in managing property for the incapacitated trust-maker.

Why You Should Hold a Family Caregiving Meeting

A family caregiving meeting is an essential tool when dealing with the care of an aging loved one.

You Have Been Appointed Trustee: What Now?

Your friend Rose has created a trust and she would like you to be her trustee.

6 Key Considerations for Passing Down a Maine Family Business

You have invested a lot in making your business a success, and it is hard to think about relinquishing ownership or control of it. Nevertheless, planning is critical in creating a lasting legacy for your family. We can help you put a plan in place that helps you successfully pass your business on to the next generation and ensures that you have a financially secure retirement