Changes in Retirement Planning Trends

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.

COVID-19 UPDATE

Penbay Estate Planning is Open During COVID-19.

The Impact of Coronavirus on Seniors

We are living in confusing and scary times. The senior population has been identified as the most at-risk demographic for COVID-19.

The Consequences of Adding a Child’s Name to Your Bank Account

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.

Asset Protection for Federal Employee TSP Thrift Savings Plan

Federal retirees can protect their Thrift Savings Plan for their surviving spouse…

The Baby Boomer Generation in the 2020s

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.

Changing Views in Memory Care Living Facilities

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.

Understand the Importance of a Living Will

A living will lays out your preferences for life-sustaining medical treatment.

Blended Families Highlight the Need for Careful Planning

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.

How to Bring Up the Subject of Your Inheritance and Get the Best Advice

Tips on how to talk about your inheritance, and what to plan for…

Study Provides New Insights on Parkinson’s Disease

Parkinson’s disease is a neurodegenerative disorder that causes a progression of symptoms.

The Established Link Between Diet, Exercise, and Alzheimer’s

Concerns about your memory or that of a loved one should never be ignored.

The Challenges of Caregiving for a Spouse

The Challenges of Caregiving for a Spouse Jesse Bifulco, Attorney, Camden Maine Caring for a seriously ill spouse can trigger relationship challenges. In the process of change, you can lose your best friend, your love, and your future as you both had imagined it....

What should you do to prepare for an inheritance?

A good plan avoids unnecessary loss of assets, and prevents unnecessary family conflict. An estate planning attorney can help.

Congress Passes the SECURE Act of 2020

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.

The Long-Term Care Crisis in America

Americans are facing an escalating long-term care (LTC) crisis.

If you relocate, do you need to update your will in Maine?

Relocating to Maine? Time to review your will, and estate plan

Topics to Address When Caring for an Aging Parent

It is essential to bring up a parent’s aging expectations and set goals together even though initial discussions may be uncomfortable.

An Update on Spousal Impoverishment Protections

Federal spousal impoverishment protections were set to lapse in March 2019.

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.