Maine Elder Law Blog
Local Maine Elder Law Blog
Current Maine Elder Law & Estate Planning Articles
Posting regularly to our Maine Elder Law Blog you can learn about topics including Medicare, Wellness, Caregiving, Memory Care, Finances, Long-Term Care Planning, and much more!
As baby boomers enter their golden years, more of them will require extra care. Some may be able to get the care they need at home from a family member or in the form of hired help. Many will need to move into long-term care facilities, such as nursing homes, to get the level of […]
Read MoreFor seniors and people with disabilities, Medicaid is an important federal and state partnership program for health and long-term care coverage. Qualifications for Medicaid vary by state, with overarching federal guidelines. The Kaiser Family Foundation (KFF), a nonprofit organization focusing on national health issues, recently released findings from their 2022 50-state survey on pathways for […]
Read MoreNo matter where you are in the estate planning process or if you are just starting to consider your options, you probably have questions about how you want your assets distributed and who should be given that responsibility. A trust can be a great tool in your estate planning tool kit. A properly created trust […]
Read MoreThe Internal Revenue Service considers the transfer of assets from one person or estate to another as a taxable event. These taxes are often referred to as gift taxes and estate taxes. They include any asset such as cash and property. The good news is the IRS has tax exemptions based on the total estate […]
Read MoreMost of us aspire to live a long and healthy life. We admire senior citizens for their wisdom. However, their long life often comes with the grief of outliving their spouses, friends, and sometimes their children. If they can’t maintain and make new meaningful connections as they age, they are at risk for crippling loneliness. […]
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