Estate Planning Services
An estate is much more than just money and property. An estate involves your values, family, and hopes for your children and grandchildren. Your legacy is how you want to be remembered by your family and loved ones. Aging in Maine offers experienced and thorough Estate Planning Services.
Popular Estate Planning Services:
Mainecare (Maine’s Medicaid Program)
Most people do not realize that Mainecare is not just for the poor or impoverished. Generally, people who need Medicaid planning are middle class or upper-middle-class people who have saved their entire lives for retirement, only to be shocked and dismayed at the incredibly high cost of long-term care.
It is important that you are aware of these benefits and take advantage of them as soon as you become eligible.
Wills and Trusts
You probably already know that, in a will, you name whom you want to handle your final affairs and whom you want to receive your assets after you die. But did you know that your will only controls the assets that are titled in your name? Your will does not control assets that are titled in joint ownership and go to your spouse or another joint owner when you die.
Wills and trusts have specific and quite different benefits for estate planning purposes. Each state has specific laws and regulations governing these legal documents.
Power of Attorney (POA)
A Power of Attorney also know as a POA is the written legal authority to grant an individual to act on your behalf allowing them to make important decisions in your best interest. This appointed individual will become your agent.
Whether it’s a financial decisions or medical there are multiple types of Powers of Attorney’s that you can appoint your agent.