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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!

Use a blend of professionals to avoid estate planning mistakes

December 7, 2021
Posted in
estate planning mistakes

Assembling the right professional team to create your estate plan can provide you with the best advice and legal documentation to protect your legacy for your heirs. Aside from an estate planning attorney, who often specializes in elder law, you may need the services of a certified public accountant (CPA) and possibly even an insurance […]

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Estate planning for entrepreneurs

December 2, 2021
Posted in ,
Estate planning for entrepreneurs

Entrepreneurs share specific characteristics: motivation, creativity, persuasiveness, risk tolerance, versatility, vision, innovation, communication and collaboration, flexibility, and decisiveness. These individuals create new businesses bearing most of the risks and reaping most of the rewards if successful. Because of their innate attributes, an estate planning process can be markedly different from others because entrepreneurs often have […]

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Becoming a legal guardian of your aging parent

November 30, 2021
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legal guardian of your aging parent

Guardianship of an aging parent means acceptance of significant legal responsibility to act and advocate for their care. The duties include a parent’s daily care, medical care, and possibly financial decisions made on their behalf. Many guardians are family members who were previously caregivers, now cast into a formal legal role. At the same time, […]

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Estate planning is more important than ever

November 22, 2021
Posted in

The truth is none of us know the future. Significant uncertainty abounds as to the outcomes of US tax legislation proposals. Estate and gift tax exemptions may get cut in half or not, and whatever happens will likely affect all deaths and transfers of wealth after December 31, 2021. Whatever the outcome, there are still […]

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Don’t let a family feud turn into a legal feud

November 18, 2021
Posted in , ,
family feud estate plan

The drama, the cost, the lost time, the broken relationships – there are so many ways that family feuds and estate planning during end-of-life care for a parent and inheritance can have serious repercussions when these problems reach the status of a legal filing and court case. You can take steps moving beyond the possibility […]

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