The funds of a person with a disability are used to fund or establish a first party supplemental needs trust. The federal law, and Maine law allows these trusts.
Considering the time and expense, will contests are something you’ll want to avoid at all costs. Not only would it jeopardize your final wishes but it also causes unnecessary and painful conflict among your loved ones during an already emotionally trying time.
Probate checklist, with forms and online filing instructions. Avoid being liable for the debts of the estate when you Probate a will in Maine. Probate lawyer explains some of the tips and traps for the unwary.
As the coronavirus continues to expand across the country, thousands of Americans are unable to carry out normal financial responsibilities because they are too ill, or they are stuck abroad and unable to travel home, or from a lack of resources due to being isolated at home.
The SECURE act has changed your retirement account forever. What should you do? Find out before there is a problem
Good estate planning protects assets and prevents family conflict. But did you know you could get a great plan without becoming a lawyer yourself?
Through the use of videoconferencing over wireless devices and remote health tech monitoring, telehealth can connect patients to vital health care services.
Choosing a Lawyer and Making a Will
The coronavirus pandemic has created the scramble to set up wills and end-of-life-directives.
In France, proposals to raise the retirement age are met with street protests. Yet around the world, the retirement age is creeping up; in the United States, it is moving up from 65 to 67.
Penbay Estate Planning is Open During COVID-19.
We are living in confusing and scary times. The senior population has been identified as the most at-risk demographic for COVID-19.
Although it can be useful to have another party available to keep track of bills when you’re sick or away, adding a child’s name to a bank account may be more of a hassle than it’s worth.
Federal retirees can protect their Thrift Savings Plan for their surviving spouse…
The guiding forces behind baby boomer life in the 2020s are high expectations during a much longer retirement, more investment choices but less investment safety, and rising interest rates.
Alzheimer’s is also one of the most expensive diseases to treat and often results in financial strain on families trying to find and pay for the best care.
A living will lays out your preferences for life-sustaining medical treatment.
Blended families highlight the need for careful estate planning to make sure the needs of each spouse are met, as well as the needs of each parents’ children.
Tips on how to talk about your inheritance, and what to plan for…
Parkinson’s disease is a neurodegenerative disorder that causes a progression of symptoms.
Concerns about your memory or that of a loved one should never be ignored.
A good plan avoids unnecessary loss of assets, and prevents unnecessary family conflict. An estate planning attorney can help.
The impact of the SECURE Act to some retirees, near-retirees, and their future beneficiaries is profound, and it is imperative to schedule a review of your retirement, estate, and trust plans.
Americans are facing an escalating long-term care (LTC) crisis.
Relocating to Maine? Time to review your will, and estate plan
It is essential to bring up a parent’s aging expectations and set goals together even though initial discussions may be uncomfortable.
Federal spousal impoverishment protections were set to lapse in March 2019.
What are assets? Are my rights to my assets protected under the law? Learn the basis of assets in Estate Planning.
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.
