Blog of an estate planning and elder law attorneyEstate Planning INSIGHTS
Disclaimer: These estate planning blog posts are for general information only. Reading these articles does not establish an attorney-client relationship. Before acting on any of the information presented in this website, you should consult a competent attorney who is licensed to practice law in your community.
Personal representatives, beware. Do not distribute assets to beneficiaries before the balance of the estate’s taxes and all outstanding debts are completely paid or dismissed by the probate court.
For most of us, estate planning is one of the most challenging topics to discuss with our parents. Even broaching the subject can seem daunting. Despite the challenging nature of this subject, it is one of the most important conversations we can have with our parents.
Reviewing your estate planning documents with your attorney will ensure that your desired changes will address your new need without negatively impacting your overall intentions. Call us today at 207-236-4888 to discuss your estate planning goals.
The recently unveiled Build Back Better Act has the possibility of having drastic impacts on commonly used estate planning techniques.
Reducing the risk of probate...
Buying a condominium is not...
Do you have a high net worth and need estate planning? Read our blog about Irrevocable Life Insurance Trusts and wealth management.
A will is a legally binding directive stating who will receive your property upon your death and is an important part of a comprehensive estate plan.
Whether you need basic information about eldercare resources and services, are looking for a local agency to provide those services, or have worries about legal documents or how to finance your parents’ care needs now or in the future, the time to begin planning is today.
The moral of the story? If King wanted to change his 2015 estate plan, he should have consulted an attorney. He never should have created a document that was open to such serious challenge, especially given the number of marriages and children involved, at a time when his health was frail.
The LifeCounsel® Petcare Power of Attorney™ is a Maine power of attorney form specifically limited and adapted to cover any animals you may own. It’s available for free download. Download it, print it, fill out a few details, and sign it before a notary. Then if you are away, or have an unexpected absence from home, you have already given someone the authority to retrieve your pets, feed them, and get them vet care if needed.
Thanks to all those who...
MaineCare can be a good option for paying for nursing home care. Learn what is involved with doing the application the right way.
Ten Things You Should Know...
Estate Planning Options for Retirement Accounts Learn Your Options
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.
66 Elm Street
Camden, ME 04843