Blog of an estate planning and elder law attorney
Estate Planning INSIGHTSDisclaimer: 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.
Cryptocurrency in Estate Planning
For estate planning, there are three key elements for handling cryptocurrency. Read more to learn about Cryptocurrency in Estate Planning.
The Rich and Famous Can Make Estate-Planning Mistakes, Just Like Regular Folks
A cautionary tale about estate planning mistakes.
Creditors and Probate
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.
Talking to Your Parents About Estate Planning
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.
Five estate planning mistakes
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 Build Back Better Act and Estate Planning
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 litigation
Reducing the risk of probate...
Estate planning considerations for vacation homes
Estate planning...
Condo Buyer’s Guide Top Tips from Real Estate Attorneys On How to Buy a Condo
Buying a condominium is not...
Irrevocable Life Insurance Trusts and Wealth Management
Do you have a high net worth and need estate planning? Read our blog about Irrevocable Life Insurance Trusts and wealth management.
What a Will Can and Cannot Do for You
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.
Your Aging Parent and How to Prepare for Their Care
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.
Estate Planning Lesson
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.
Petcare Power of Attorney
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.
How Labor Made Our Country Better, and How the Better Stuck
Thanks to all those who...
Can I Get Help with My MaineCare Application
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 About How to Make a Will
Ten Things You Should Know...
Estate Planning Options for Retirement Accounts
Estate Planning Options for Retirement Accounts Learn Your Options
Can People with Disabilities Have Assets Without Being Disqualified for Mainecare or SSI?
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.
Four Reasons Your Will May Be Contested in Court
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.
Call Us
telephone
207-236-4888
Email Us
contact
help@penbaylaw.com
Address
66 Elm Street
Camden, ME 04843