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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!

How is an Estate Administered in Court?

September 28, 2021
Posted in
estate administered in court

Probate is the method by which judicial officials, including probate judges, process a decedent’s will. While state probate laws may vary, the general process is quite similar across the country. Probate is the process of proving wills for decedents’. A probate judge will also oversee cases where the deceased person did not prepare a will, […]

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How life insurance can be part of your estate plan

September 23, 2021
Posted in
life insurance estate plan

At first thought, life insurance may not seem to have a bearing on how to dispose of your assets in your estate plan. However, life insurance can be an integral, indispensably important part of a well-thought-out estate plan. There are numerous other benefits to owning a life insurance policy aside from providing a large sum […]

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Generational Wealth Transfer and Your Estate Plan

September 21, 2021
Posted in
generational wealth

How to protect your inheritable legacy so that its aggregate will exist for future generations requires careful planning. There are always generational differences of opinion as to how best to live and act in the world. Millennials and Generation Xers seem to have distinctly different priorities and politics than their older benefactors in response to […]

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How to safely store your financial and legacy documents

September 15, 2021
Posted in
how to store my important documents

You may have wondered, how to store my important documents? It is crucial to store your estate planning documents like your will, living wills, powers of attorney, trusts, medical directives, and financial information securely somewhere your survivors can easily access. Additionally, you need to securely store information about birth certificates, marriage licenses, even divorce decrees, […]

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What to know when appointing a power of attorney

September 13, 2021
Posted in
power of attorney

In its various forms, power of attorney is an essential tool when planning when you may become incapacitated and require a trusted agent to manage your affairs. These legal documents can grant broad authority to one or more power of attorney agents to transact business or make medical decisions based on your behalf. What are […]

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